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再生可能エネルギーとバッテリーエネルギー貯蔵の力を活用して、限りある天然資源からの移行を支援
グレシャムハウスのエネルギー転換への投資
当社は、より持続可能な世界への移行をサポートする一方で、力強い運用リターンを生み出せると思われる、持続可能で変革を起こせるテクノロジーに注目しています。
投資先は、2時間稼働型およびより長時間の貯蔵システムを含むユーティリティ規模のバッテリーエネルギー貯蔵、太陽光および風力発電プロジェクト、その他の革新的なインフラソリューションです。
世界のエネルギーシステムが進化するにつれて、再生可能エネルギーへの転換とそれを可能にするテクノロジーが電力市場に変革をもたらしています。
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グレシャムハウスはバッテリーエネルギー貯蔵システム(BESS)の欧州最大の運営会社であり、エネルギー転換への投資におけるリーダーの1社です。グレシャムハウスのエネルギー転換担当チームは現在、総容量1.5GWのシステムを管理しています。

再生可能エネルギーとバッテリーエネルギー貯蔵に投資する理由
当社の資産は、電力の脱炭素化と公共インフラの「電化」への移行を支援しています。得られるメリットは以下の通りです。
世界のいたるところで、低炭素エネルギーへの転換が加速しています。電力需要は2030年までに2倍以上に拡大すると予想されていますが、ネットゼロ目標を達成するには、再生可能エネルギーの生産量を現在の8倍に引き上げる必要があります。こうした間欠性のある再生可能エネルギーの供給増に対応するためには、世界のバッテリーエネルギー貯蔵容量を60倍に拡大しなければなりません1。
野心的な脱炭素化目標、電力系統の近代化、輸送や産業の急速な電動化を反映して、欧州はエネルギー転換の最前線に立っています。バッテリーの価格低下と普及の加速により、エネルギー貯蔵容量が拡大しています。総発電量に占める再生可能エネルギーの割合が増えるにつれて、エネルギ貯蔵は市場の安定化、エネルギー供給システム全体の柔軟性の向上、進化するエネルギーインフラのレジリエンスの強化といった観点で極めて重要な役割を果たすことになります。
1.IEA 2024年、BloombergNEF 2024年


再生可能エネルギーの普及が広がっていることと歩調を合わせて、バッテリーエネルギー貯蔵の需要とニーズが大きく増大すると見込んでいます。
ネットゼロへの移行を達成するためには、2050年までに世界のバッテリー貯蔵容量を約60倍に引き上げる必要があり、これを年平均成長率に換算すると、2023年から2050年までの貯蔵容量の増加率は年間17%となります。1。
英国の現在のバッテリーエネルギー貯蔵容量は約4.7GWです2。今後2~3年にかけて、電力系統で大きな不均衡が生じないようにするには、この容量を10倍に増やす必要があります。
1.IEA 2024、BloombergNEF 2024
2.Modo Energy、2024年

太陽光発電は、世界で最も定着している再生可能エネルギー技術の一つで、急速に導入されてきました。
世界的に、太陽光発電はわずか15年で最小規模から最大規模の新たな電力供給源へと成長し、現在では最も安価な電力供給源となっています1。この目覚ましい成長は、低炭素エネルギーシステムへの世界的な転換において太陽光発電が極めて重要な役割を果たすことを如実に物語っています。
太陽光発電資産は、設備容量に基づくと英国で最も確立された再生可能エネルギー技術となっています。英国において太陽光発電が年間の電力供給量全体に占める割合は約5.2%にとどまっていますが2、夏の数ヵ月の発電量は電力需要の3分の1以上に達します。
技術革新により、太陽光発電は最もコスト競争力の高い発電方法の一つとなっており、現在では新規プロジェクトは政府の補助金がなくても経済的に魅力のあるものとなっています。
1.IRENA 2024年、Bloomberg NEF 2024年
2.英国エネルギー安全保障・ネットゼロ省、2024年

世界の風力発電容量は2000年以降、20倍以上に増加しており、クリーン発電の中核となっているだけでなく、脱炭素化の牽引役となっています1。
英国では、風力発電資産は発電量ベースで見て再生可能エネルギー技術の中でも最も定着した技術となっており、年間の電力供給量の約29.5%を占めています2 。英国は風が強く、風力資源が豊富なため、政府補助金がなくても風力発電は経済的に魅力的なプロジェクトとして成立します。
世界的に見ても、風力発電は再生可能エネルギーインフラ投資における最も有力な分野の一つです。これには、実証済みの技術、コストの低下、欧州、北米、その他の成熟市場全般における確固とした政策の枠組みが大きく貢献しています。
1.IRENA 2024年、Bloomberg NEF 2024年
2.英国エネルギー安全保障・ネットゼロ省、2024年
再生可能エネルギーとバッテリーエネルギー貯蔵に投資する理由
当社の資産は、電力の脱炭素化と公共インフラの「電化」への移行を支援しています。得られるメリットは以下の通りです。
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ファンドの価値および収益は保証されておらず、ファンドの価値は変動し、収益は増減する可能性があります。元本割れのリスクがあり、投資元本が回収できない可能性があります。 過去のパフォーマンスは将来のパフォーマンスを示唆するものではありません。
Gresham House Energy Storage Fund plcの保有ポートフォリオは、英国に拠点を構えるユーティリティ規模で運用中のバッテリーエネルギー貯蔵システム(BESS)で構成され、増加基調をたどっています。
当社のエネルギー転換投資チームは、上場ファンドに加えて、規制対象外の集団投資スキーム(UCIS)に分類される投資ビークルも運用しています。これらの商品の販売勧誘には規制があります。
この種のファンドに関する情報を入手するためには、以下に該当する必要があります。
* 顧客財務情報申告書

| 直接投資と共同投資
直接投資
グレシャムハウスは、投資家への販売勧誘が規制されている再生可能エネルギー資産に直接投資する機会を提供します。 詳細については、下記までお問い合わせください。 Anthony Crosbie Dawson +44 (0)1451 843 096 | a.crosbiedawson@greshamhouse.com 当社の取引条件をダウンロードしてください。当フォームを提出することにより、グレシャムハウスがお客様に代わって再生可能エネルギー資産を取得することを承諾したものと見なされます。
共同投資
グレシャムハウスのサステナブルインフラへの共同投資に関する情報については、下記までお問い合わせください。 Heather Fleming, Managing Director, Institutional Business +44 (0)20 3873 5908 | h.fleming@greshamhouse.com
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Ben has been Managing Director and Head of the Gresham House Energy Transition division since November 2017.
He is the Fund Manager of Gresham House Energy Storage Fund plc and was, through 2020, also Fund Manager for the British Strategic Investment Fund (BSIF) strategy which grew AUM to £350mn under his leadership.
Ben started his fund management career at Lazard Asset Management in 1994 and worked there for nine years. He later founded Hazel Capital in April 2007, serving as Managing Partner and CIO and which became Gresham House Energy Transition on the acquisition of Hazel Capital’s business activities in November 2017.
Prior to founding Hazel Capital, he was a co-founder of Cantillon Capital, where he managed a US$1bn equity hedge fund focused on global technology, media and telecom.
Ben currently serves as a director of over 50, mostly project, companies.
He has 27 years of investment experience and holds a BEng in Mechanical Engineering from Imperial College.
Filinto is Managing Director of Gresham House’s Energy Transition division since April 2025. He is also the Fund Manager for Gresham House Global Energy Storage Fund.
Prior to Gresham House, Filinto was the Managing Director of Sonnet, iCON Infrastructure’s Iberian investment platform, which focused on energy and infrastructure. Before, Filinto was Managing Director and Head of NextPower III, a global renewables investment fund, at NextEnergy Capital.
With almost 20 years of experience in energy transition, Filinto held several senior management, business development, asset management, and investment positions with cross-sector and international exposure in markets such as Europe, North America, Latam, and India.
Filinto holds a Master in Finance degree (Catolica-Lisbon School of Business and Economics) and a Bachelor’s in Management (Moderna University).
Rupert has been the Managing Director of Gresham House Asset Management Ltd since September 2015. He is a member of the Group Management and Investment Committees.
Rupert has a proven track record of delivering significant value to shareholders and has over 32 years’ experience in asset management, private banking and wealth management, focusing on product innovation, investment management, business development, banking and wealth structuring.
Before joining Gresham House, Rupert was CEO and CIO of Schroders (UK) Private Bank for 11 years, and spent 17 years at Rothschild, where latterly he was Head of Private Clients for Rothschild Asset Management.
Wayne is an Investment Director in our Energy Transition division and has 29 years of technical, commercial, stakeholder and general management experience in the energy sector.
Before joining Gresham House, Wayne served as COO at FIM Services Ltd, and prior to that Wayne was an Onshore Wind Development and Construction Director for RWE Innogy.
He has overseen the construction of 17 wind farms (~400MW) and the sale of 12 wind farms (~200MW) over the past 12 years. He has also represented the industry on aviation matters as a director and vice chair of the Aviation Investment Fund Company Ltd.
Wayne is a Chartered Engineer and has a PhD in Engineering from the University of Sheffield. Wayne is also a registered adviser with the Financial Conduct Authority.
Lefteris joined Gresham House in March 2023 and is responsible for sourcing and executing energy storage investment opportunities.
Lefteris has over 15 years of experience in infrastructure and energy transition investments. He has held principal investment and advisory roles with large institutions such as Columbia Threadneedle Investments, National Pension Service of South Korea (NPS), Macquarie, and Société Générale, as well as corporate and business development roles with Libra Group and Maple Power.
He is a seasoned investor who has worked across a range of sectors including solar PV, onshore and offshore wind, anaerobic digestion, and hydroelectric power.
Lefteris holds a MSc in Finance from Imperial College London and a BSc in Management Science from Athens University of Economics and Business.
James joined Gresham House in May 2018, following the acquisition of FIM Services Ltd.
James is Fund Manager of Gresham House Solar Distribution LLP. James takes an active role in the day-to-day management of the fund including reporting, asset management, capital rising, acquisition of new assets and conducting valuations. Prior to joining Gresham House, he worked at J.P. Morgan, RWE Supply and Trading and latterly at Computershare Investor Services as an Equity Dealer, managing a range of global share plans and option schemes on behalf of corporate clients.
James has over ten years of experience in financial services and holds a BA (Hons) in Business Administration from the University of Plymouth. He has also obtained the Investment Management Certificate and is enrolled as a Level II candidate in the CFA program.
Based in our Oxford office, Suzy works in the asset management team for our renewables portfolio. Suzy has been involved in the construction, financing and operational management of over 100 MW of onshore wind and solar assets on behalf of investors.
Previously, Suzy worked as a Senior Investment Analyst for Sun Life Financial of Canada and Lincoln Financial Group.
Suzy holds a first-class BSc (Hons) in Mathematics and Statistics from the University of Bath.
James is an Associate Director at Gresham House. James moved to the Energy Transition team in 2019 after joining Gresham House in 2018 as part of Gresham House Ventures, having previously been at Livingbridge since 2016.
James is the Assistant Fund Manager for Gresham House Energy Storage Fund plc.
He is an experienced financial modeller and investment professional and his current role covers a broad range of work across fund management and new investments, primarily focused on energy storage and renewables. Prior to joining the Energy Transition team, he worked as an Analyst covering mostly early-stage companies in the Venture Capital and Equity Fund vehicles as part of Gresham House Ventures. This role provided experience with investment decisions across a variety of markets as well as exposure to growth companies and management of quoted investment vehicles.
His career started in TMT audit at EY where he spent three years and qualified as a chartered accountant.
James holds a first-class Master’s degree in Mathematics from Durham University.
Fernando joined Gresham House in May 2021 and is focused on the design, development and deployment of processes and procedures that allow the Energy Transition team to increase MW under management each year.
Fernando has 15 years’ experience in the Renewable Energy sector, specifically in the Solar PV industry. Prior to Gresham House, he was Global Head of Technical for a 2.2GW Solar PV portfolio at WiseEnergy (Next Energy Group company), focused on the operation of their Solar PV assets and increasing overall revenues.
Fernando holds a BEng in Industrial Engineering from the University of Castilla-La Mancha and an MSc in Energy and Sustainability with Electrical Power Engineering from the University of Southampton. He also holds a Global Executive MBA from IESE Business School, Barcelona.
Carole oversees Gresham House’s renewable assets portfolio and acts as Fund Manager for one of the wind funds.
Carole joined Gresham House as part of the FIM Services Ltd integration, and has been involved in the origination, financing, construction and management of all of the previously FIM-branded renewable assets.
Prior to joining FIM, Carole worked across several sectors including technology, software and travel as a Finance and Operations Director following qualification as a Chartered Management Accountant.
Annelies joined Gresham House in September 2023 as the Senior Commercial Asset Manager in the New Energy division where she looks after the commercial aspects of the operational battery fleet.
She previously spent three years at Statkraft, responsible for the Dutch solar asset fleet. Prior to that, Annelies worked for a private firm looking to develop a CCGT project in the UK..
Annelies holds a BSc from the University of Leuven (Belgium) and did a MSc in Finance (UK/France).
Harry joined Gresham House in April 2023.
Prior to joining Gresham House Harry worked as an Auditor at Grant Thornton for three years focussing primarily on technology and media businesses.
Harry holds a first-class Master’s degree in Chemistry from the University of Oxford and qualified as a chartered accountant in September 2022.
Chloe joined Gresham House in July 2019, having spent over three years in infrastructure operations at Oxford Capital.
Prior to Oxford Capital, she was Acquisitions Manager at Inazin and a Project Officer at TRW, a ZF Group company.
She holds a BSc (Hons) in Zoology from the University of Nottingham and an MBA from RAC, Cirencester.
Ana joined Gresham House in September 2022 and is responsible for implementing the EPCM structure and delivering the Energy Transition team’s project pipeline.
Ana is a multi-skilled professional with 12 years of experience delivering innovative, award-winning renewable energy projects in the UK.
Previously, Ana helped to establish quality management, project delivery, and commercial project functions at GRIDSERVE Sustainable Energy. She also successfully delivered the UK’s first Electric Forecourt and subsidy-free solar and battery storage hybrid projects with bi-facial panels and tracking technology. Before joining GRIDSERVE, Ana was part of the BELECTRIC projects team building utility-scale solar farms.
Charlie is an Investment Director in the Gresham House Energy Transition team. His current role began in February 2021, following a year in the team as a contractor. He is responsible for executing investments in infrastructure projects such as energy storage systems, whether acquired before construction or when already operational.
Charlie has extensive experience in the development, funding and asset management of distributed energy infrastructure projects assisting both investment managers and project developers at every stage of bringing their projects to fruition. He has worked on projects in a wide range of technologies including solar PV, hydroelectric power, anaerobic digestion, combined heat and power, thermal heat networks, gas peaking and grid-scale battery storage.
He started his career over 20 years ago as a commercial solicitor before transitioning to renewable energy, working with investment management firms for the last nine years.
Charlie studied science of materials at Trinity College Dublin and has an MBA from INSEAD, France.
Heather is Managing Director, Institutional Business and a member of the GHAM Board.
Prior to joining Gresham House, Heather spent seven years at Fidelity International, latterly as Head of Institutional Distribution for UK & Ireland. She also previously held business development and client relationship positions at BankInvest, Capital International and Gartmore where she focussed on U.K & Ireland and Nordic institutional investors.
Heather has over 25 years of financial experience and holds a BA (Hons) in Politics from Durham University and the Investment Management Certificate from the CFA Society of the UK.
Claire joined Gresham House in August 2023 as Head of Business Development in the UK and Irish Institutional market.
Prior to Gresham House, Claire worked at Schroders for ten years and held positions as Head of Sustainability UK and Co-Head of the UK Institutional Business.
Claire started her career at M&G Investments, before moving to Baring Asset Management where she spent 11 years with the last six years in a UK Institutional Business Development role.
Claire is IMC qualified and has obtained the CFA ESG certificate.
Jamie joined Gresham House in October 2022 as a Client Services Associate within our Institutional Distribution team.
He previously spent five years at Cazenove, the wealth management arm of Schroders as a Client Services Executive within their Charities team. Prior to that, Jamie worked within the UK Retail Sales team at Schroders.
Jamie holds the CFA Institute Investment Foundations Certificate and Unit 1 of the IMC.
Keisha-Ann joined Gresham House in November 2020 as part of the Institutional Sales team and is responsible for institutional business development and consultant relations, fundraising across Gresham House’s Real Assets strategies.
Prior to Gresham House, she spent five years at quantitative investment manager, Winton, where she was responsible for investor relations coverage of investment consultants and Winton’s global institutional and wholesale clients including pension funds, sovereign wealth funds, investment banks, family offices and endowments.
Keisha-Ann holds a BA (Hons) in Geography from the University of Leeds.
Liz joined Gresham House from Legal & General Investment Management, where she was an Investment Reporting Analyst working with Institutional clients.
Prior to Legal & General, Liz held roles as a Client Service Analyst at Wellington Management, covering the Global Wealth channel in Europe and Asia, and as an Investor Relations Specialist at NewSmith Asset Management.
Liz holds the Investment Management Certificate and has a BA in French & Spanish from University College London.






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