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Gresham House plc

Gresham House completes 25MW Tynemouth acquisition

Gresham House Energy Storage Fund has added a further 35MW to its portfolio with the acquisition of Tynemouth and the completion of its Glassenbury B extension.

The 25MW battery-only Tynemouth site – which is connected to the distribution network – was commissioned in 2018 and generates availability-based contracted revenues from Enhanced Frequency Response services provided to National Grid.

Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.