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Completion of Sale of Wind Assets

6th Mar 2026 15:51

RNS Number : 7349V
Gresham House Renewable EnergyVCT1
06 March 2026

6 March 2026

GRESHAM HOUSE RENEWABLE ENERGY VCT 1 PLC

(the "Company", the "VCT")

Completion of Sale of Wind Assets

The Board of the VCT 1 and VCT 2 are pleased to announce that the sale completed on 23 February 2026 of around 200 wind turbines with a total capacity of approximately 1MW for cash consideration and loan repayments totalling £559k. This compares to a NAV valuation of £552k as at 31 March 2025.

On 1 December 2025, the Company announced that completion of the sale of the VCT's remaining solar assets might be delayed to Q1 2026 as a result of the consultation issued by the Department for Energy Security & Net Zero on changes to inflation indexation in the Renewables Obligation scheme. This has proved to be a complicating factor but appropriate commercial arrangements have been agreed with the proposed purchaser.

The Company is continuing to work hard to complete the sale within the quarter.

END

For further information, please contact:

Gresham House Asset Management Investor Relations

[email protected] Tel: 020 3875 9860

JTC (UK) Limited Company Secretary

[email protected] Tel: 020 3846 9774

LEI: 213800IVQHJXUQBAAC06

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