Gresham House Energy Storage Fund Annual Results 2020 webinar and Q&A session (5644W)
26 April 2021 - 5:06PM
UK Regulatory
TIDMGRID
RNS Number : 5644W
Gresham House Energy Storage Fund
26 April 2021
26 April 2021
Gresham House Energy Storage Fund PLC
(the "Company", "Fund" or "GRID")
Annual Results 2020 webinar and Q&A session - Wednesday 28
April 2021
Gresham House Energy Storage Fund plc (LSE: GRID) (the "Fund" or
"GRID"), the UK's largest utility-scale battery energy storage
fund, will be announcing its annual results, for the period ending
31 December 2020, on Wednesday 28 April 2021.
An online webinar and Q&A session, to discuss the results
and provide an update on performance in Q1 2021, will be held at
9am on Wednesday 28 April 2021. This will be an opportunity to hear
GRID's fund manager, Ben Guest provide an update on the Fund's
operational and financial performance and to ask questions.
Registration is available via https://bit.ly/3nbEnx0
For further information, please contact:
Gresham House New Energy
Ben Guest +44 (0)20 3837 6270
Jefferies International Limited
Stuart Klein
Gaudi Le Roux
Neil Winward +44 (0)20 7029 8000
KL Communications gh@kl-communications.com
Charles Gorman +44 (0)20 3995 6673
Camilla Esmund
About the Company and the Manager:
Gresham House Energy Storage Fund plc owns a portfolio of
utility-scale operational battery energy storage systems (known as
BESS) located in Great Britain. The portfolio has a total capacity
of 425MW. The Company is managed by Gresham House Asset Management
Limited under the leadership of Ben Guest. The Company was admitted
to trading on the London Stock Exchange (Specialist Fund Segment)
on 13 November 2018 having raised GBP100 million of gross proceeds
from investors. Including issuance under the Placing Programme, it
has now raised a total of approximately GBP358 million of gross
proceeds from investors.
The Gresham House New Energy team has a proven track record in
developing and operating energy storage and other renewable assets
having developed 264MW of Energy Storage Systems and approximately
290MW of predominantly ground-mounted solar projects. Gresham House
Asset Management currently manages approximately 232MW of solar and
wind energy projects.
Gresham House Asset Management is the FCA authorised operating
business of Gresham House plc, a London Stock Exchange quoted
specialist alternative asset manager. Gresham House is committed to
operating responsibly and sustainably, taking the long view in
delivering sustainable investment solutions.
www.greshamhouse.com
Definition of utility-scale battery energy storage systems
Utility-scale battery energy storage systems are the enabling
infrastructure that will support the continued growth of renewable
energy sources such as wind and solar, essential to the UK's stated
target to reduce carbon emissions. They store excess energy
generated by renewable energy sources and then release that stored
energy back into the grid during peak hours when there is increased
demand for it.
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