Eva OsborneThe Ireland Strategic Investment Fund (ISIF) has announced a commitment of up to €75 million to a new Gore Street Capital (GSC) fund. The fund will invest in battery energy storage projects aimed at supporting Ireland’s energy grid by supporting renewable integration and improving energy security. GSC will acquire primarily greenfield battery energy storage projects from developers; procure and construct the projects; and then own and operate the assets for a period in line with the GSEU fund’s 10-year life. Speaking on the announcement, Tánaiste Simon Harris TD: “I very much welcome today’s announcement of ISIF’s commitment of €75 million to a new Gore Street Capital (GSC) fund aiming to invest in battery energy storage projects which will bolster Ireland’s energy grid. "Backing battery energy storage to enable a stronger energy grid in Ireland is a way in which ISIF can support Ireland’s journey to net zero, in line with the Government’s Climate Action Plan.”

Source: The Herald January 22, 2026 16:21 UTC