REG - Gresham House Energy - Appointment of Non-Executive Director

Gresham House Energy Storage FundAnnouncement

Tue 07:00

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RNS Number : 8714S  Gresham House Energy Storage Fund  29 July 2025

29 July 2025

Gresham House Energy Storage Fund plc

(" the Company")

 

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

Gresham House Energy Storage Fund plc, the UK's largest fund investing in
utility-scale battery energy storage systems (BESS), is pleased to announce
the appointment of Andy Koss as an Independent Non-Executive Director of the
Company with effect from 25 September 2025.

 

Andy Koss is a Chartered Accountant and Corporate Treasurer with 20 years'
operational and financial leadership in the energy sector, having served as
CEO Generation at Drax Group plc, a FTSE250 company, and CEO, UK and Middle
East, for Sembcorp Industries, listed on the Singapore Exchange. Andy brings
end-to-end expertise in battery storage, connectivity, and government
engagement, underpinned by deep sector relationships with NESO, Ofgem and UK
Government. He currently serves on the board of Encyclis, has significant deal
and transformation experience, and has recently become Chair of the Board of
Trustees for a children's charity, PANS PANDAS UK.

 

John Leggate CBE, Chair of Gresham House Energy Storage Fund plc, commented:

"I am delighted to welcome Andy Koss to the Board as a Non-Executive Director.
Andy brings an exceptional breadth of industry experience including in the
battery storage sector. We very much look forward to working with him"

 

In accordance with the Listing Rules, no further information is required to be
disclosed pursuant to UKLR 6.4.8.

 

For further information, please contact:

 

 Gresham House Energy Transition        +44 (0) 20 3837 6270

 Ben Guest

 James Bustin

 Harry Hutchinson

 Jefferies International Limited        +44 (0) 20 7029 8000

 Stuart Klein

 Gaudi Le Roux
 Harry Randall

 Peel Hunt                              +44 (0) 20 7418 8900

 Luke Simpson

 Huw Jeremy

 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

 

About the Company and the Manager

Gresham House Energy Storage Fund plc 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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