Gresham House secures £155 million increase in debt facility
Gresham House Energy Storage Fund has secured £155 million incremental term debt via an Accordion arrangement contemplated under an existing senior debt facility.
Articles tagged with: Gresham House Energy Storage Fund
Gresham House Energy Storage Fund sees NAV increase by 53.5%
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 plots £150m raise to fund 747MW battery storage pipeline
Gresham House Energy Storage Fund is to issue new ordinary shares with an intention of raising approximately £150 million.
Gresham House to significantly grow its BESS pipeline thanks to £380m NatWest funding
Gresham House Energy Storage Fund plc is to significantly grow its pipeline having secured a £380 million funding package from NatWest.
Frequency response drives Gresham House’s earnings to £22.4m
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’s pipeline grows to over 500MW as it hails success of £100m raise
Gresham House Energy Storage Fund (GRID) has raised £100 million to construct an additional 240MW of storage projects.
Gresham House to acquire 425MW of energy storage assets
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 reveals 802MW pipeline as profits soar in ‘milestone’ year
Gresham House Energy Storage Fund has unveiled an 802MW pipeline, with 275MW of this currently funded and due to start construction shortly.
Gresham House completes acquisition of first Scottish battery site
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.
Gresham House appoints James Lindsay as head of institutional business
Alternative asset manager Gresham House has appointed James Lindsay as head of institutional business.
Gresham House records boost in profits despite ‘one of the most challenging years’
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 acquires 45MW of storage, putting it in sight of 400MW milestone
Gresham House Energy Storage Fund has acquired a further 45MW of projects, bringing its operational portfolio to 395MW.
Gresham House completes 25MW Tynemouth acquisition
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 acquires first Scottish battery storage site 30MW Byers Brae
Gresham House Energy Storage Fund (GRID) has conditionally agreed to acquire a c.30MW battery project known as Byers Brae.
Gresham House acquires another 50MW battery project for £32.75m
Gresham House Energy Storage Fund (GRID) has completed the acquisition of the 50MW Wickham battery project for £32.75 million.
Gresham House to finance 245MW of energy storage with £120m fundraise
Gresham House Energy Storage Fund has raised £120 million to finance six new energy storage projects.