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 Charles Gorman Camilla Esmund
| gh@kl-communications.com +44 (0)20 3995 6673
|
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 £100 million of gross proceeds from investors. Including issuance under the Placing Programme, it has now raised a total of approximately £358 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.
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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