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.
Virgin Money has agreed a new financing partnership with Gresham House Solar Distribution, providing a £18 million revolving credit facility to facilitate the growth of solar assets.
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.