- Gresham House Energy Storage Fund Plc (GRID) has entered into a conditional agreement to acquire a 49MW battery project.
- The project is one of the exclusivity portfolio projects identified by the company in its IPO prospectus and is located on the Red Scar Business Park, outside Preston.
- The project to be acquired is expected to generate its revenues primarily from asset optimisation.
- On 21st October 2019, at the time of writing, GMT 08:05 AM, GRID shares were trading at GBX 104.00, flat against the previous day closing price.
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