Gore Street Energy Storage Fund PLC (LON:GSF) expects to meet its dividend commitment this year as all of its units continue to operate.
“The operational assets require minimal human intervention, with typically no staff on-site, and therefore there has been no significant impact at the current time," it said in a statement.
"Energy storage assets continue to provide a critical service to the grid in maintaining its stability,” the group added.
Work on sites under construction will be suspended from this week though Gore Street said two projects are still scheduled to come onstream in 2021 and a further two in the third quarter of next year.
Lower Road, a 10Mw capacity front of the meter project in Essex and the group's largest project to date, is also now in operation.
Alex O'Cinneide, the trust’s investment adviser, said the group’s operations are classified as essential services and income is neither directly impacted by either energy demand nor prices as it principally sells hours of access to its projects for the grid.
“Furthermore, it is clear that the UK and Ireland will continue to develop significant sources of intermittent renewable power generation to meet international obligations to reduce global carbon emissions.”
Shares were unchanged at 97.25p.