Gresham House has released annual accounts for the first half of 2023, showing lower H1 2023 revenues and a drop in share value.

Gore Street Energy Storage Fund and LS Energy Solutions are partnering on a 200MW/400MWh battery storage project in California.

News of major project acquisitions in another busy week for the UK battery storage market.

London Stock Exchange-listed NESF has launched a joint venture partnership with developer Eelpower worth £200 million (US$233 million).

Gore Street saw its net income increase by 191% over the year to 31 March 2022, whilst the EBITDA of its operational portfolio surged 704%.

Gresham House expects to earn more than US$144 million revenues from Capacity Market contracts.

This week’s roundup comes once again from the pages of our UK sister sites, where there’s been plenty of action.

UK-based stock exchange listed investor Gresham House Energy Storage Fund has conditionally agreed to acquire a 50MW battery storage project.

Gore Street Energy Storage Fund has awarded NEC Energy Solutions both EPC and long-term O&M contracts for 100MW of storage in Northern Ireland.