GRID seeks to provide shareholders with an attractive and sustainable dividend over the long term, alongside the prospect of capital growth.
The UK’s approach to electricity generation is undergoing fundamental change, shifting from coal and gas-fired power stations towards an energy mix dominated by renewable energy.
A cost-effective solution to the intermittency of renewable energy is energy storage to address supply-demand imbalances on the national grid, in real time.
The investment team have constructed a diversified portfolio of operational utility-scale BESS projects. Each project can generate multiple revenue streams to allow GRID to deliver on its return objectives.
GRID optimises it assets through allocating capacity across the available revenue sources, primarily by balancing between trading and frequency response based on market drivers.
There are three main categories of revenues for BESS in most geographic jurisdictions, each with different rules, pricing, and local terminology:
The fund is listed on the Specialist Fund Segment (SFS) of the London Stock Exchange and can be accessed using the ticker GRID.
Due to its SFS listing, some platforms may not list the fund or will require interested investors to self-elect as a professional investor in order to be able to invest.
Please contact the team at email@example.com for more information.
John Leggate, GRID’s Chair, and Fund Manager, Ben Guest discussed the evolving dynamics of the broader battery storage market, hosted by Non-Executive Director, David Stevenson and followed by an interactive Q&A session.
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