gore street energy storage fund plc on monday reported a jump in its pretax profit for the first half of fiscal 2022 because of the revaluation of its investments the energystorage fund made a pretax profit of 108 million pounds 143 million for the six months ended sept 30 compared with a pretax profit of gbp29 million a year earlier net gain in investments at fair value was gbp111 million up from gbp37 million it said the companys net asset value rose to gbp2853 million as of september 2021 from gbp1451 million in march 2021 it said the company declared a dividend of four pence a share gore street energy storage fund said its pipeline will be focused overseas over the next six months particularly in the us we are encouraged by the aggressive growth of renewables in several regional operating systems in the united states and the resulting market opportunities for energy storage the company said