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Tobias Reichmuth, founder and CEO of energy transition manager SUSI Partners, argues storage will continue to predominantly be an equity return for the next three to four years.
The offering proposed by Gore Street Capital is eyeing a 1.3GW pipeline and is looking to generate an IRR of between 10% and 12%.
The UK asset manager, which recently set up a new energy division, says it has a further storage pipeline of over 200MW. The deal was clinched from its BSIF fund, which reached a £150m first close last June, halfway to its £300m target.

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