UK's Gresham House Energy Storage Fund jumps to over two-year high after rise in interim NAV
02/09/2026 12:02
BUZZ-UK's Gresham House Energy Storage Fund jumps to over two-year high after rise in interim NAV ** Shares of Gresham House Energy Storage Fund GRID.L, which operates and manages energy storage sites, rise as much as 6.5% to 104.5 pence, their highest since January 2024
** Net asset value per share rises 15.8% to 131.30 pence as of June 30, helped by funding, construction, and accounting revaluation of projects totalling up to 397 mega watts of capacity
** H1 portfolio revenue up 9.5% year-on-year at £34.7 million ($46.78 million); EBITDA grows 14.5% to £23.5 million
** Shares up ~32% YTD, including session's moves
($1 = £0.7417)
(Reporting by Neeshita Beura in Bengaluru)