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Gresham House plc

Gresham House raises £15 million to fund new acquisition

Gresham House Energy Storage Fund has raised approximately £15 million by issuing a mix of short and medium-term secured power bonds.

The majority of the proceeds from these power bonds are to go towards acquiring an operating asset that Gresham House said was in the final stages of due diligence. An agreement on this asset is expected to be concluded during Q4 2020.

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.