Inactive Instrument

GRESHAM HOUSE

Equities

GHE

GB0003887287

Investment Management & Fund Operators

Gresham House Energy Storage raises funds for Project Iliad

May 25, 2023 at 05:34 am EDT

Gresham House Energy Storage Fund PLC - London-based specialist alternative asset manager - Raises GBP50 million through issue of 32 million new ordinary shares at 155.5 pence each. Says funds raised will be used towards its Project Iliad acquisition, a 160 megawatts solar battery energy storage project in California.

Chair John Leggate says: "The funds raised will give us an opportunity to secure a foothold in the US, one of our most important target markets."

Current stock price: up 0.3% at 155.45 pence on Thursday in London

12-month change: up 4.7%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about GRESHAM HOUSE

EARNINGS: Inspirit Energy pretax loss narrow, while RC365's widens	Dec. 27	AN
Gresham House Delists from London's AIM Amid Takeover	Dec. 20	MT
Searchlight Closes Takeover of UK Asset Manager Gresham House	Dec. 19	MT
Searchlight Capital Partners, L.P. completed the acquisition of Gresham House Plc from abrdn plc, Saffie Investments Limited, TB Amati UK Smaller Companies Fund, Richard and Venetia Crosbie-Dawson and others.	Dec. 18	CI
Gresham House Energy Storage happy with new UK grid platform	Dec. 15	AN
High Court Sanctions Takeover for British Asset Manager Gresham House	Dec. 13	MT
Gresham House GBP470 million takeover by Searchlight backed by court	Dec. 13	AN
Totally shares plummet as it blames first half loss on NHS "crisis"	Nov. 28	AN
AIM WINNERS & LOSERS: Totally swings to half-year loss on NHS blow	Nov. 28	AN
Totally plc Appoints Successor to Outgoing Chairman	Nov. 28	MT
Baronsmead trusts publish prospectus for subscription offers	Nov. 24	AN
Gresham House's takeover gets Irish banking approval	Nov. 23	AN
Searchlight Capital Secures All Regulatory Approvals for Gresham House Takeover	Nov. 23	MT
Gresham House Energy Storage energises West Didsbury project	Nov. 21	AN
Gresham House Energy Storage Fund Powers Up UK Battery Storage Project	Nov. 21	MT
Baronsmead venture trusts to raise GBP15 million each	Nov. 14	AN
Barclays Downgrades Gresham House to Equalweight from Overweight, Lowers PT	23-10-30	MT
Jefferies cuts NatWest to underperform from buy	23-10-30	AN
Gresham House takeover by Searchlight gets UK FCA approval	23-10-10	AN
UK Regulator Clears Searchlight Capital's Takeover Offer for Gresham House	23-10-10	MT
Residential Secure changes investment fund manager	23-10-02	AN
Gresham House Energy net assets down on weaker trading	23-09-27	AN
Flutter buys MaxBet stake; LandSec sees strong demand	23-09-27	AN
FTSE 100 Closes Thursday Up at Highest Levels Since Mid-July	23-09-14	DJ
UK Housing Market's August Decline Suggests More Fallout Ahead	23-09-14	DJ

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Company Profile

Gresham House plc is a United Kingdom-based specialist alternative asset manager. The Company provides investors with a range of investment products, across real assets, public equity, and private equity. The Company's segments include Real Assets, Strategic Equity and Central. The Real Assets segment includes forestry, new energy and sustainable infrastructure, and real estate divisions. Its Strategic Equity segment includes public equity and private equity divisions. Its Central segment includes the general income created and costs incurred by the central functions of the business. Its investment solutions focus to meet investors' long-term objectives while also contributing to society and its environment. It offers funds, direct investments and tailored solutions, including co-investment, across a range of sustainable investment strategies. The Company manages assets on behalf of institutions, family offices, charities and endowments, private individuals and their advisers.

Sector

Investment Management & Fund Operators

Calendar

2024-09-17 - Q2 2024 Earnings Release (Projected)

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