gresham house energy storage fund

Gresham House Energy Storage Fund (GRID) has raised £100 million to construct an additional 240MW of storage projects.

Gresham House Energy Storage Fund (GRID) is on track to own more than 1.2GW of operational battery energy storage systems after securing a deal to acquire 425MW of projects from Gresham House Devco and expanding its exclusive pipeline by a further 427MW.

Gresham House Energy Storage Fund has unveiled an 802MW pipeline, with 275MW of this currently funded and due to start construction shortly.

Gresham House Energy Storage Fund has completed the acquisition of the c.30MW Byers Brae project for a total value of £15.6 million, plus up to £0.35 million of deferred contingent consideration.

Alternative asset manager Gresham House has appointed James Lindsay as head of institutional business.

Gresham House – which manages funds including Gresham House Energy Storage Fund – has recorded a net core income of £40.8 million and an adjusted operating profit of £12.1 million.

Gresham House Energy Storage Fund has acquired a further 45MW of projects, bringing its operational portfolio to 395MW.

Gresham House Energy Storage Fund has added a further 35MW to its portfolio with the acquisition of Tynemouth and completion of its Glassenbury B extension.

Gresham House Energy Storage Fund (GRID) has conditionally agreed to acquire a c.30MW battery project known as Byers Brae.

Gresham House Energy Storage Fund (GRID) has completed the acquisition of the 50MW Wickham battery project for £32.75 million.