Gore Street Energy Storage Fund PLC (LSE:GSF) presented its interim investor update for the six months ended 30 September, outlining resilient company performance amid softer short term market conditions across global energy storage markets. NAV per share declined to 90.1 pence, primarily reflecting lower long term revenue forecasts in Great Britain, Texas and California following increased battery build out, while revenues of £16.7 million and EBITDA of £8.9 million demonstrated solid underlying cash generation. The diversified 1.16 GW portfolio delivered market leading 94 percent availability, benefited from low correlation across regions, and continued to outperform trading benchmarks through in house optimisation. Contracted revenues now represent around 25 to 30 percent of total income, supported by capacity markets in GB and Ireland and a resource adequacy contract in California, providing downside protection while retaining merchant upside. The Fund maintained disciplined capital structure with gearing of 18 percent, strong liquidity, successful US investment tax credit monetisation above guidance, and a dividend of 0.69 pence per share fully covered by earnings. Strategic priorities include portfolio augmentation at lower capex to improve duration and margins, capital recycling through selective asset sales, expansion of contracted revenues via the UK long duration storage tender at Middleton, and continued cost reduction and revenue optimisation. Management reiterated confidence in the long term growth strategy, supported by strong fundamentals for energy storage driven by renewable penetration, grid volatility and rising power demand from data centres and AI, positioning the Fund to unlock value and enhance shareholder returns over the medium to long term.