Gresham House has confirmed it’s to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.
The London Stock Exchange-listed investment fund is expected to close on a 5MW battery storage project in Wolverhampton in the next coming weeks. Construction of a 50MW battery storage facility which Gresham is to buy will then start before the end of the year.
However the fund’s exclusive pipeline of projects extends beyond that figure, with three additional projects totalling 127MW of storage capacity also in Gresham’s crosshairs.
Gresham House plc (LON:GHE) is an AIM quoted specialist asset manager providing funds, direct investments and tailored investment solutions, including co-investment across a range of highly differentiated alternative investment strategies.