Gresham House Energy Storage Fund completes acquisition of 5 MW battery-only project in Wolverhampton
Gresham House Energy Storage Fund (GRID) Plc has completed the purchase of a 5 MW battery-only project in Wolverhampton, UK for a total consideration of GBP3.5 milllion (US$4.2 million) investment.
GRID has acquired the project from a vehicle owned by Gresham House DevCo Limited and Noriker Power Limited.
The project is one of the listed assets in Gresham House Energy Storage Fund’s initial public offering (IPO) prospectus.
Country updates
-
-
September 02, 2019
SSE in talks with Ovo Group over the sale of its energy business in UK
SSE is in talks with Ovo Group for the sale of its energy business in UK. The energy business is currently servicing over 5.7 million household customers across the country. Once the...
Read more -
September 02, 2019
Equitix, Kansai invest in Electricity North West
Consortium led by Kansai Electric Power Co. Inc. and Equitix join First State Investments and J. P. Morgan Asset Management as owners of Electricity North West. The new consortium takes a 50% share in...
Read more -
August 30, 2019
Statkraft acquires entire shareholding of Airvolution Clean Energy Ltd.
Statkraft has acquired the entire shareholding of UK onshore wind developer Airvolution Clean Energy Ltd. The acquisition is in line with Statkraft’s recently stated ambitions to deploy 600 MW o...
Read more -
August 22, 2019
Beatrice Offshore Wind Farm closes refinancing
Beatrice Offshore Windfarm Ltd (BOWL), a joint venture between SSE Renewables (40%), Copenhagen Infrastructure Partners (35%) and Red Rock Power Limited (25%), has achieved a successful Financial Clos...
Read more -
August 20, 2019
ACCIONA to build and operate the Ness Energy Project in Scotland
ACCIONA has won a contract to construct and operate the Ness Energy Project, a waste-to-energy plant in Aberdeen, Scotland, with a capacity to treat 150,000 tonnes of waste per year. ACCIO...
Read more
