Gresham House Energy Storage Fund Plc is a UK-based battery storage fund, which makes investments in a portfolio of utility-scale operational battery energy storage systems (BESS) in Great Britain. The systems utilise batteries, as well as generators or engines (ESS Projects). The objective of the company is to create a high quality portfolio of diversified assets, to maximise the risk-adjusted income returns for all its shareholders, along with focusing on capital growth via reinvestment of income. It was founded in the year 2018, and its headquarters are situated in London. The company is listed and traded on the on the Specialist Fund Segment (SFS) London Stock Exchange publicly. The alternative asset manager of Gresham House Energy Storage Fund Plc is Gresham House Asset Management Limited, which is regulated and authorised by the Financial Conduct Authority.
Recently, the UK’s approach towards generation of electricity is fundamentally changing, and a shift from coal and gas based energy towards renewable energy is being witnessed. Energy story, thus, plays a very important role in managing the imbalances of demand and supply in real time on the national grid. To deliver maximum returns from BESS projects, the fund focuses on four income streams, which include Asset optimisation, Firm Frequency Response, Capacity Market, and Grid payments. The company operates through two divisions, which are Real Assets, including forestry, housing, and new energy and sustainable infrastructure, and Strategic Equity, including public equity and private equity.
It follows a well-defined framework of corporate governance and is a member of Association of Investment Companies (AIC). It complies with the 2019 AIC Code of corporate governance which addresses all the principles of the UK Corporate Governance Code 2018. The company promotes the culture of integrity and accountability, and upholds its commitment towards financial transparency. Apart from fulfilling its corporate responsibilities, the company also tries to fulfil its social as well as environmental responsibilities. It focuses on responsible investments and sustainable business solutions and practices to reduce its carbon footprint and fight the menace of climate change while keeping sustainability at the heart of its business under its comprehensive ESG framework. It complies with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to improve its climate-related reporting and implementation. It is also a signatory to the UN-supported Principles of Responsible Investment and the UK Stewardship Code. It strives to generate maximum financial returns, while creating long-term value for the business as well as the people and the planet, and for that it has been awarded the LSE Green Economy Mark.
Gresham House Energy Storage Fund PLC 7th Fl, Cunard House, 9 Berkeley Street London W1J 8DW United Kingdom GBR
+44 203 837 6270