(Alliance News) - Gresham House Energy Storage Fund PLC on Thursday said it has signed sale and purchase agreements for two pipeline projects totalling 297 megawatts or 540 megawatt hours. Read More
Gresham House Energy Storage Fund PLC - invests in utility-scale battery energy storage systems - Enters "strategic partnership" with Summit Transition Partners, a joint venture between Japan's Sumitomo Corp and Taiwan's TPK Holding Co Ltd. Sumitomo is a trading and investment conglomerate, while TPK makes touchscreen technology for automobiles and consumer electronics. Under the agreement, STP will buy a 25% equity stake in the first three projects in Gresham House Energy Storage's pipeline: Cockenzie, Monets Garden and Elland 2. It also will have exclusivity to buy 25% of two other projects, Lister Drive and Ocker Hill. The company doesn't provide financial details but says the majority of the consideration for the investments will be paid at completion next week. Read More
Gresham House Energy Storage Fund PLC - London-based investor in utility-scale battery energy storage systems, managed by Gresham House Asset Management Ltd - Secures a total of GBP141 million in finance across three pipeline projects in the UK: Cockenzie, Monet's Garden and Elland 2. The project finance facilities from four existing lenders to the company will cover up to 70% of the individual project costs. Interest will be charged at 250 basis points over the sterling overnight index average. The remainder of the cost will be covered by equity contributions and Export Credit agreements, meaning the full cost of the three projects has been funded. Construction on the projects now will fully start with grid connections set for 2027, Gresham House Energy Storage says. The three battery projects will be able to supply 397 megawatts of electricity to the UK grid for two hours. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Friday said it has agreed to buy a 480 megawatt battery project near Rayleigh, Essex. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Friday said it signed export credit agency-backed financing agreements. Read More
(Alliance News) - Centrica will pay GBP20 million into Ofgem's redress fund and write off up to GBP70 million after the regulator closed its British Gas prepayment meter probe, while Unite Group says reservations for the next academic year remain in line with guidance. Building materials distributor Grafton sees revenue rise despite weaker trading in Great Britain. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Friday reported grid connection offers for two more of its projects, but flagged a delay in meeting earnings guidance. Read More
Gresham House Energy Storage Fund PLC - London-based investor in utility-scale battery energy storage systems - Chair and Non-Executive Director John Leggate buys 111,341 shares at 75.03 pence each, worth GBP83,534, on Thursday. Leggate now has 191,850 shares. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Thursday announced the UK's electricity transmission system operator gave a firm connection date to one of their battery energy projects. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Wednesday reported net asset value growth and outlined plans for the new year, ahead of its 2025 results. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Monday announced the signing of sale & purchase agreements for conditional acquisitions of the Cockenzie and Monet's Garden pipeline projects. Read More
(Corrects the name and coding of the company which issued the release to Gresham House Energy Storage Fund PLC, not Gore Street Energy Storage Fund PLC as was previously reported.) Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Wednesday said it is prioritising reinvestment over near-term cash returns to shareholders, as it looks to capitalise on industry growth opportunities. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Monday said it has inked a new debt facility, refinancing its existing facilities and enabling the fund to execute on its growth plans. Read More