Japan Electric Power Exchange

Gore Street Capital Appointed Joint Manager of Japan's first Energy Storage Fund

Retrieved on: 
月曜日, 12月 4, 2023

LONDON, Dec. 4, 2023 /PRNewswire/ -- Gore Street Capital and ITOCHU Corporation have been selected by the Tokyo Metropolitan Government (TMG) to launch Japan's first fund dedicated to grid-scale energy storage systems.

Key Points: 
  • LONDON, Dec. 4, 2023 /PRNewswire/ -- Gore Street Capital and ITOCHU Corporation have been selected by the Tokyo Metropolitan Government (TMG) to launch Japan's first fund dedicated to grid-scale energy storage systems.
  • The two firms have been jointly selected as the managers of TMG's energy creation and energy storage promotion fund following a competitive process held in April 2023.
  • Alex O'Cinneide, CEO of Gore Street Capital, said: "We are proud to have been selected as the joint manager of Japan's first dedicated energy storage fund in partnership with ITOCHU.
  • "Gore Street Capital was one of the first to act in Great Britain's energy storage market back in 2016 and, in its capacity as investment manager of the internationally diversified Gore Street Energy Storage Fund (LSE: GSF), has a proven track record of acquiring and managing a large portfolio of energy storage assets across multiple OECD jurisdictions.

Trailstone Welcomes Energy Industry Veterans to Lead Japanese Operations

Retrieved on: 
水曜日, 5月 24, 2023

Kamisago brings over 25 years of experience in international business development with Sumitomo and Itochu, two of the largest Japanese trading and investment firms.

Key Points: 
  • Kamisago brings over 25 years of experience in international business development with Sumitomo and Itochu, two of the largest Japanese trading and investment firms.
  • He is an expert in M&A, new investment, infrastructure project management and new business incubation in the global energy industry.
  • Most recently, Kamisago led Sumitomo’s energy, environment and green hydrogen businesses as a general manager, gaining experience in both domestic and international business settings.
  • “Japanese power markets and renewable energy generators can benefit greatly from Trailstone’s extensive experience in Europe and the United States,” said Kamisago.