gresham house energy storage fund

Gresham House Energy Storage Fund has secured £155 million incremental term debt via an Accordion arrangement contemplated under an existing senior debt facility.

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

Gresham House Energy Storage Fund plc is to significantly grow its pipeline having secured a £380 million funding package from NatWest.

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 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.