Gresham House REVCT - Completion of Sale of Wind Assets

Gresham House Renewable Energy VCT 1

06/03/2026 15:51

RNS Number : 7349V

Gresham House Renewable EnergyVCT1

06 March 2026

 

6 March 2026

 

GRESHAM HOUSE RENEWABLE ENERGY VCT 1 PLC

(the "Company", the "VCT")

Completion of Sale of Wind Assets

 

The Board of the VCT 1 and VCT 2 are pleased to announce that the sale completed on 23 February 2026 of around 200 wind turbines with a total capacity of approximately 1MW for cash consideration and loan repayments totalling £559k.  This compares to a NAV valuation of £552k as at 31 March 2025.

On 1 December 2025, the Company announced that completion of the sale of the VCT's remaining solar assets might be delayed to Q1 2026 as a result of the consultation issued by the Department for Energy Security & Net Zero on changes to inflation indexation in the Renewables Obligation scheme. This has proved to be a complicating factor but appropriate commercial arrangements have been agreed with the proposed purchaser.

The Company is continuing to work hard to complete the sale within the quarter.

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For further information, please contact:

Gresham House Asset ManagementInvestor Relations
renewablevcts@greshamhouse.com Tel: 020 3875 9860
JTC (UK) LimitedCompany Secretary
GreshamVCTs@jtcgroup.com 
 Tel: 020 3846 9774

 

LEI: 213800IVQHJXUQBAAC06

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