UK earnings, trading statements calendar - next 7 days
24th Apr 2024 14:19
(Alliance News) - Gresham House Energy Storage Fund PLC on Thursday warned that revenue remains below expectations, despite an improvement since March. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
Gresham House Energy Storage Fund - London-based Investment fund with a portfolio of utility-scale battery energy storage systems - Says that Tuesday's T-1 capacity markets auction cleared "slightly higher than expected" at a price of GBP35.79 per kilowatt. Gresham says it has secured additional 1-year contracts across 13 of its projects, with a total derated capacity of 90.491 megawatts. These additional contracts will bring in GBP3.2 million in additional revenue from October 2024 to September 2025, Gresham says. The NAV benefit from these contracts will be recognised at the company's next valuation date of March 31. Read More
Gresham House Energy Storage Fund PLC - fund which invests for income from utility-scale battery energy storage systems - Announces start of share buyback programme for up to 14.99% of shares, which the firm intends to review "on an ongoing basis". The maximum price payable per share, Gresham says, will not exceed the higher of "105% of the average market value of the company's shares for the five business days immediately preceding the day on which such share is contracted to be purchased; or the higher of the price of the last independent trade and the highest current independent bid on the London Stock Exchange". Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Thursday said it decided against declaring a dividend for the fourth quarter of 2023 as it continued to be hurt by a weak revenue environment. Read More
(Alliance News) - Stocks in London are set to follow New York into the red, after the US Federal Reserve quashed hopes of a March cut to interest rates and ahead of the Bank of England interest rate decision. Read More
Gresham House Energy Storage Fund PLC - invests for income from utility-scale battery energy storage systems; managed by Gresham House - Predicts more revenue opportunities for its battery assets from the launch by the UK power grid operator of the new Open Balance Platform and Bulk Dispatch Optimiser. The investment fund says the National Grid Electricity System Operator has started to trade battery energy storage systems in the Balancing Mechanism. "It is too early to point to the specific revenue impact, but the initial indications are positive and, based on provisional data, are expected to lead to increased revenue opportunities for our assets," the company says, adding it will add more of its assets into the Balancing Mechanism in December and in the first quarter of next year. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Tuesday said it has successfully energised its West Didsbury project near Manchester, England. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Wednesday reported a negative net asset value total return in the first half of the year due to lower demand and unsteady prices. Read More
(Alliance News) - Stocks in London are set to open lower on Wednesday as investors remained in a risk-off mood amid the prospect of interest rates staying higher for longer in the US. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Thursday reported a lower net asset value but touted optimism in its outlook and raised its dividend. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Monday noted that Gresham House PLC has agreed to be taken over by Searchlight Capital Partners LP. Read More
Gresham House Energy Storage Fund PLC - London-based specialist alternative asset manager - Raises GBP50 million through issue of 32 million new ordinary shares at 155.5 pence each. Says funds raised will be used towards its Project Iliad acquisition, a 160 megawatts solar battery energy storage project in California. Read More
Gresham House Energy Storage Fund PLC - London-based specialist alternative asset manager - Aims to raise approximately GBP80 million through a share placing and retail offer to fund its Project Iliad acquisition, a 160 megawatts solar battery energy storage project in California. Up to 54.1 million new shares, 10% of the company's current total, will be sold at a fixed price of 155.5 pence per share. Placing will be run by investment bank Jeffries International Ltd. Size of retail offer will be capped at the sterling equivalent of EUR8 million. Read More
(Alliance News) Gresham House Energy Storage Fund PLC said on Friday that its portfolio has grown over the first quarter of 2023, as it reported an increased net asset value per share. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC said on Thursday a stronger net asset value per share for 2022, building on its "strong track record". Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Monday said it improved its net asset value per share in 2022 and expects further improvement in the first quarter of 2023. Read More