Gresham House Energy Storage Fund seeks to provide investors with an attractive and sustainable dividend over the long term, by investing in a diversified portfolio of utility-scale battery energy storage systems located in the UK and Ireland. In addition, the company seeks to provide investors with capital growth through the reinvestment of net cash generated in excess of the target dividend.
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Ben Guest
MD
John Leggate
Chairman
Rupert Robinson
MD, Gresham House Asset Management
% | 1M | 3M | 12M |
---|---|---|---|
Actual | (3.6) | (20.8) | (53.0) |
Relative | (0.2) | (18.8) | (56.5) |
52 week high/low | 111.4p/38.2p |
Gresham House Energy Storage Fund (GRID) invests in utility-scale battery energy storage systems (BESS) in Great Britain. The company recently hosted a site visit for analysts and investors to its 50MW capacity Enderby plant in Leicestershire, which included updates from GRID’s Manager Ben Guest, Deputy Manager James Bustin and Chairman John Leggate. This note outlines the day’s key takeaways, and subsequent news that gives the company more scope to pay dividends from distributable reserves if required.