gresham house

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.

Canadian Solar has completed the sale of two fully-permitted solar and battery energy storage projects to Gresham House.

Gresham House Energy Storage Fund has raised £150 million following it announcing the new share placing earlier this week.

Gresham House Energy Storage Fund is to issue new ordinary shares with an intention of raising approximately £150 million.

Gresham House Energy Storage Fund is transitioning towards a trading-centric business model, with the company to upgrade all of its enhanced frequency response (EFR) battery storage sites to two-hour durations.

Gresham House Energy Storage Fund is targeting a market share of c.25% to 30% in the UK and Ireland in 2022 following an increase in earnings over 2021.

Gresham House has partnered Irish developer Strategic Power Projects to develop a solar and storage pipeline with a combined capacity of over 1GW.

Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.

Gresham House has acquired a 50MW solar farm from Anesco as part of a £100 million partnership.