Gresham House Energy Storage Fund PLC on Tuesday said it raised GBP 31.2 million (USD 39.9m/EUR 35.9m) in gross proceeds via a previously announced share issue.
The fund sold 30 million shares priced at GBP 1.04 apiece. The placing was oversubscribed, it noted.
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.