Clean energy fund aims to generate ‘half a billion’, says Irish founder

Alex O’Cinneide was in Dublin last week roadshowing the Gore Street Energy Storage Fund

Alex O’Cinneide, chief executive, Gore Street Energy Storage Fund Picture: Fergal Phillips

The Irish founder of a new clean energy listing on the London Stock Exchange sees it as having potential to become a £500 million fund, he said.

Alex O’Cinneide was in Dublin last week roadshowing the Gore Street Energy Storage Fund to Irish wealth and investment houses. It will float next month, seeking to raise an initial £100 million and targeting a dividend of 7 per cent.

The company will be the world’s ...