gresham house

Gresham House, the largest owner of battery energy storage system (BESS) assets in the UK, has said it sees tolling deals like the one agreed with Octopus being possible “across the optimiser market”.

Octopus Energy has signed a two-year fixed-price tolling agreement with Gresham House Energy Storage Fund for 500MW of its battery assets, bringing the utility’s virtual power plant (VPP) portfolio to over 1.5GW.

Gresham House Energy Storage Fund has energised a 50MW/50MWh battery energy storage system (BESS) in Lancashire.

Revenues for the Gresham House Energy Storage Fund have started to recover in 2024 after falls in 2023, fund manager Gresham House said.

Statkraft has signed a Power Purchase Agreement (PPA) with Gresham House and a Corporate PPA with Workspace for the 20MW Beavor Grange Solar Farm in Devon.

Battery energy storage fund Gresham House has released annual accounts for the first half of 2023, showing lower H1 2023 revenues and a drop in share value.

Solar and battery storage company Anesco has broken ground on four solar farms totalling 110MW for Gresham House.

Solar Power Portal took a look at the top five most read battery energy storage stories across the site over 2022.

Gresham House Energy Storage Fund (GRID) has seen its net asset value (NAV) increase by 53.5% to £785 million, the firm disclosed in its half year results ending 30 June 2022.

Gresham House has acquired a 20MW Devon-based solar farm from Anesco as part of a partnership worth over £100 million.