Gresham House Energy Storage Fund has continued its flurry of activity with the acquisition of a 49MW battery storage project.
Gresham House New Energy has signed a contract with KiWi Power for the optimisation of its 15MW Lockleaze battery in Bristol.
Gresham House has raised £41.6 million through a new share placing to fund both its existing pipeline and a new pipeline of operational and new build assets, falling short of the £58 million it originally targeted.
Energy storage investment fund Gresham House has unveiled a new share placing, the proceeds of which will allow it to “grow materially” in the UK energy storage market.
Battery storage fund Gresham House has acquired a stake in frequent development partner Noriker Power in a bid to “further consolidate” its position in the UK battery market.
Gresham House Energy Storage Fund has completed the purchase of a 5MW standalone battery storage project.
Gresham House has confirmed it is to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.
Gresham House has raised £100 million to drive its energy storage fund onto the London Stock Exchange, half the amount planned last month but enough to progress plans to acquire a 70MW seed portfolio.
Gresham House, formerly Hazel Capital, is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.
Gresham House has agreed a deal to acquire fellow investment fund manager FIM Services for £25 million.