REG - Gresham House Energy - Notice of Results

Gresham House Energy Storage FundAnnouncement

11/04/2025 07:00

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RNS Number : 5746E  Gresham House Energy Storage Fund  11 April 2025

 

11 April 2025

 

Gresham House Energy Storage Fund plc

("GRID" or the "Company")

 

Notice of Full-Year 2024 Results

 

Gresham House Energy Storage Fund plc (LSE: GRID), the UK's largest fund
investing in utility-scale battery energy storage systems (BESS), confirms
that it will publish its financial results for the 12 months ended 31
December 2024 on Wednesday 23 April 2025 at 07:00am BST.

 

The results will be made available on the GRID website
at: https://greshamhouse.com/grid (https://greshamhouse.com/grid)

Gresham House will host a webinar for investors at 10:30am BST on the day. To
access the live webinar, please register in advance here
(https://greshamhouse.zoom.us/webinar/register/WN_cJzQ2WcmShuntjUklpElDA) .

 

 

For further information, please contact:

 

 Gresham House                                    +44 (0)20 3837 6270

 Ben Guest

 James Bustin

 Harry Hutchinson

 Jefferies International Limited (joint broker)   +44 (0)20 7029 8000

 Stuart Klein

 Gaudi Le Roux

Harry Randall

 Peel Hunt LLP (joint broker)                     +44 (0)20 7418 8900

 Luke Simpson / Huw Jeremy (Investment Banking)

 Alex Howe / Richard Harris (Sales)

 KL Communications                                gh@kl-communications.com (mailto:gh@kl-communications.com)

 Charles Gorman                                   +44 (0)20 3882 6644

 Charlotte Francis

 JTC (UK) Limited as Company Secretary            GHEnergyStorageCoSec@jtcgroup.com (mailto:GHEnergyStorageCoSec@jtcgroup.com)

 Christopher Gibbons

                                                + 44 (0)20 7409 0181

 

LEI: 213800MSJXKH25C23D82

 

About the Company and Gresham House:

 

Gresham House Energy Storage Fund plc (GRID) seeks to provide investors with
an attractive and sustainable dividend over the long term by investing in a
diversified portfolio of utility-scale battery energy storage systems (known
as BESS) located in Great Britain and internationally. In addition, the
Company seeks to provide investors with the prospect of capital growth through
the re-investment of net cash generated in excess of the target dividend in
accordance with the Company's investment policy.

 

The Company targets an unlevered Net Asset Value total return of 8% per annum
and a levered Net Asset Value total return of 15% per annum, in each case
calculated net of the Company's costs and expenses.

 

Gresham House Asset Management Ltd is the FCA authorised operating business of
Gresham House Ltd, a 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 (http://www.greshamhouse.com/)

 

Definition of utility-scale battery energy storage systems (BESS):

 

Utility-scale battery energy storage systems (BESS) 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.

 

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