Solar Power Portal’s top battery storage stories of 2022: Field, Amp and the home energy ecosystem
Solar Power Portal took a look at the top five most read battery energy storage stories across the site over 2022.
Articles tagged with: Gresham House
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 acquires fourth solar farm from Anesco
Gresham House has acquired a 20MW Devon-based solar farm from Anesco as part of a partnership worth over £100 million.
Canadian Solar completes sale of 116MW of solar and storage to Gresham House
Canadian Solar has completed the sale of two fully-permitted solar and battery energy storage projects to Gresham House.
‘Strong investor demand’ sees Gresham House meet £150m fundraising goal
Gresham House Energy Storage Fund has raised £150 million following it announcing the new share placing earlier this week.
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 earnings rise 170% in year of ‘significant momentum’ as trading becomes key
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 lauds expected doubling of earnings as it eyes two hour duration batteries
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.
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Gresham teams up with Strategic Power Projects for 1GW solar and storage pipeline
Gresham House has partnered Irish developer Strategic Power Projects to develop a solar and storage pipeline with a combined capacity of over 1GW.
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 acquires 50MW Low Farm solar site from Anesco
Gresham House has acquired a 50MW solar farm from Anesco as part of a £100 million partnership.
Feature
Q&A: Anesco’s Mark Futyan talks solar pipelines, prices and partnerships
Solar Power Portal caught up with Anesco’s CEO Mark Futyan to discuss the company’s pipeline of projects, how module prices are impacting development and its strategic shift.
BayWa r.e. partners Gresham House to repower second solar site
BayWa r.e. has been granted Provisional Acceptance for the repowering of Gresham House’s 4.984MWp ground mounted solar park Lake Farm.
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.
Virgin Money agrees multi-million pound financing deal with Gresham House
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.
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Gresham House secures PPA for Leicestershire site through Zeigo
Gresham House has secured a Power Purchase Agreement (PPA) for a 4.3MW solar farm through renewable energy procurement platform Zeigo.
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’s 30MW/30MWh Byers Brae battery storage system energised on schedule
Gresham House's 30MW/30MWh Byers Brae battery storage project has been energised by Greek firm MYTILINEOS.
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.
Anesco signs deal with Gresham House for 200MW solar portfolio
Anesco is partnering with Gresham House for the development of a 200MW solar PV portfolio over the next three years.
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Gresham House New Energy team grows with new investment director appointed
Gresham House New Energy has welcomed a new investment director to develop the company’s unsubsidised renewables strategy.
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 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.
Gresham House to finance c.485MW battery storage portfolio with new share issuance programme
Gresham House Energy Storage Fund has outlined plans to “significantly increase” its portfolio as it launches a new share issuance programme.
Gresham House completes largest battery project with £32.5m investment
Gresham House Energy Storage Fund has completed its investment in the 50MW/75MWh Thurcroft battery storage site.
Gresham House raises £15 million to fund new acquisition
Gresham House Energy Storage Fund has raised approximately £15 million by issuing a mix of short and medium-term secured power bonds.
Gresham continues acquisition spree with development rights buy from Arenko
Gresham House Energy Storage Fund (GRID) has continued its acquisition spree, buying two new development rights for 50MW projects from Arenko.
Gresham House Energy Storage Fund sees NAV per share fall due to COVID
Gresham House Energy Storage Fund (GRID) has seen its Net Asset Value (NAV) per share fall 2.6p as a result of COVID-19 over the first half of 2020.
‘Not unreasonable’ to expect Gresham House to target larger capacities as it continues to scale
Gresham House has been exploring the possibility of introducing debt finance into the company for a “considerable period of time”, with the flexibility benefits pushing it towards a private offer.