REG - Gresham House Energy - Notice of Interim Results

Gresham House Energy Storage FundAnnouncement

21/09/2022 07:00

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RNS Number : 0519A  Gresham House Energy Storage Fund  21 September 2022

21 September 2022

Gresham House Energy Storage Fund plc

("GRID" the "Company" or the "Fund")

 

Notice of Results

 

Gresham House Energy Storage Fund plc, the UK's largest fund investing in
utility-scale battery energy storage systems (BESS), announces that it will
publish its Interim Results for the half-year ended 30 June 2022 on Tuesday,
27 September at 07:00 BST.

 

Once announced, the results will be made available within the key documents
section of GRID website:
https://greshamhouse.com/real-assets/new-energy-sustainable-infrastructure/gresham-house-energy-storage-fund-plc/
(https://greshamhouse.com/real-assets/new-energy-sustainable-infrastructure/gresham-house-energy-storage-fund-plc/)
.

Gresham House will host a webinar for investors at 11:00 BST on Tuesday 27
September, registration details are available on the GRID website:
https://greshamhouse.com/real-assets/new-energy-sustainable-infrastructure/gresham-house-energy-storage-fund-plc/#annual-results-webinar
(https://greshamhouse.com/real-assets/new-energy-sustainable-infrastructure/gresham-house-energy-storage-fund-plc/#annual-results-webinar)

 

For further information, please contact:

 

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

 Ben Guest

 Rupert Robinson

 Jefferies International Limited        +44 (0)20 7029 8000

 Stuart Klein

 Gaudi Le Roux

 KL Communications                      +44 (0)20 3995 6673

 Charles Gorman

 Charlotte Francis

 Millie Steyn

 JTC (UK) Limited as Company Secretary  +44 (0)20 3846 9774

 Christopher Gibbons

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, Northern Ireland and the Republic of
Ireland. 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,
calculated net of the Company's costs and expenses.

 

Gresham House Asset Management Limited 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.

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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