In addition, the 40MW/80MWh Shilton Lane site, located near Glasgow, was energised in late July. These two projects have contributed to a total of 282MW and 770MWh of operational capacity delivered since the fund’s 2024 interim results. With these developments, the company has now completed the construction of its entire portfolio, which totals 1,072MW/1,701MWh.
Ben Guest, fund manager of Gresham House Energy Storage Fund and managing director of Gresham House New Energy, stated: “We are delighted to have completed construction of the portfolio and passed the 1GW mark of operational capacity.” He continued: “We now look to carry forward this momentum into the rest of the year and focus on building the next phase of augmentations and new pipeline projects.”
Gresham House Energy Storage Fund is one of the leading investors in grid-scale battery storage assets in the UK. The projects in its portfolio support energy system flexibility by storing electricity and releasing it during periods of higher demand or lower generation.
The company’s recent progress reflects ongoing efforts to enhance the country’s energy infrastructure and support the transition to a more flexible and sustainable energy system. Further announcements regarding new developments and project expansions are expected later in the year.
