Investment Trusts

Gresham House Energy Storage Fund PLC

GRID:LSE

Gresham House Energy Storage Fund PLC

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  • Price (GBX)74.00
  • Today's Change-0.10 / -0.13%
  • Shares traded537.86k
  • 1 Year change+54.17%
  • Beta-0.0086
Data delayed at least 20 minutes, as of Mar 05 2026 15:55 GMT.
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About the company

Gresham House Energy Storage Fund plc is a United Kingdom-based investment trust company. Through its subsidiaries, the Company's principal activity is to invest in special purpose vehicles (SPVs), which operate a diversified portfolio of operating utility-scale battery energy storage systems (BESS), which utilize batteries and may also utilize generators. The BESS projects comprising the investment portfolio are located in diverse locations across Great Britain. The Company seeks to provide shareholders with a sustainable dividend over the long term, alongside the prospect of capital growth. The Company’s projects portfolio includes Staunch, Rufford, Littlebrook, Lockleaze, Glassenbury, Roundponds, Wolves, Cleator, Red Scar, Bloxwich, Thurcroft, Wickham, Glassenbury Extension, Arbroath, Tynemouth, among others. The Company is managed by Gresham House Asset Management Limited.

  • Revenue in GBP (TTM)-489.29k
  • Net income in GBP-8.27m
  • Incorporated2018
  • Employees24.00
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Profile

Management group(s)Gresham House Asset Management Ltd
AIC sectorRenewable Energy Infrastructure
ISINGB00BFX3K770
Launch date13 Nov 2018
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The company seeks to provide investors with an attractive and sustainable dividend over the long term by investing in a diversified portfolio of utility scale operational energy storage systems, which utilise batteries and may also utilise generators, located in Great Britain, Northern Ireland, and the Republic of Ireland. In addition, the company seeks to provide investors with the prospect of capital growth through the re-investment of net cash generated in excess of the target dividend in accordance with the investment policy of the company and the requirements of the IT Regulations.

Managed by

Bozkurt Aydinoglu, Ben Guest, Gareth Owen, Rupert Robinson, Charlie von Schmieder, Stephen Beck, James Bustin

Management & contract fees

The annual fund management fee will be calculated quarterly based on a weighted average of two factors: (1) the average closing daily market capitalization during the quarter, and (2) the NAV at the beginning of the quarter. The fee will be 1% on the first GBP 250 million, 0.9% on the amount in excess of GBP 250 million and up to and including GBP 500 million, and 0.8% on the amount exceeding GBP 500 million.

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
GRID:LSE since
announced
Transaction
value
100mw Battery Project In EllandDeal completed20 Nov 202520 Nov 2025Deal completed1.37%--
Data delayed at least 20 minutes, as of Mar 05 2026 15:55 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Polar Capital Global Healthcare Trst PLC-23.48m-28.05m397.28m0.00--1.09-----0.2313-0.2313-0.19363.70-0.0498-------5.956.11-6.056.28--89.45--83.34---833.120.009.33-134.02---144.67----1.92
Schroder Japan Trust PLC25.27m20.97m398.47m0.0019.271.17--15.770.18060.18060.21782.980.0707--11.00--5.8610.566.0310.9789.3993.7982.9689.96----0.0024.41-61.29---65.64----18.46
Fidelity Asian Values PLC51.82m43.37m404.25m0.0010.001.05--7.800.63370.63370.75096.050.1284--16.67--10.7511.2510.9211.4290.2287.2283.69132.82--48.870.0000123.74124.9527.54271.92----19.25
Ashoka India Equity Investment Trust PLC-49.35m-41.98m408.06m0.00--0.8941-----0.2492-0.2492-0.29232.70-0.0972-------8.2713.42-8.2813.62--90.56--72.12----0.000.00-75.39126.29-101.09------
AVI Japan Opportunity Trust PLC52.30m48.69m408.34m0.005.241.07--7.810.35310.35310.37911.720.2179--17.92--20.298.1421.938.7496.1590.6893.1187.15----0.124714.2555.5919.6254.1121.49----
European Opportunities Trust PLC36.59m26.37m408.74m0.0021.260.9074--11.170.41210.41210.66219.650.0626--14.48--4.512.885.123.1379.0475.1972.0968.43----0.008.11-115.40---128.36-----10.59
JPMorgan India Growth & Income PLC-88.99m-87.77m411.09m0.00--0.8284-----1.88-1.88-1.9611.08-0.125-------12.328.24-12.348.26--94.41--78.56----0.000.00-152.15---168.95------
Aberdeen Asian Income Fund Ltd24.04m17.05m416.15m0.0026.011.19--17.310.11230.11230.15952.460.0587--4.69--4.165.194.545.6390.6190.1670.9476.43--11.130.080477.24157.01-2.15291.26-2.93--9.30
Gresham House Energy Storage Fund PLC-489.29k-8.27m421.68m24.00--0.688-----0.0145-0.0145-0.00091.08-0.0008-----20,387.08-1.343.14-1.343.15--78.74--70.83----0.00127.55-7.04---5.25-----52.40
Chrysalis Investments Ltd136.18m120.47m427.88m0.003.930.5138--3.140.22430.22430.24971.720.1523--25.24--13.47-1.4813.49-1.5496.51-93.7988.46-102.63--32.580.075--199.72-7.12207.17-5.57----
Jpmorgan Uk Small Cap Growth & IncomePLC3.68m-3.02m429.13m0.00--0.946--116.49-0.0116-0.01160.02743.630.0066--0.9725---0.54297.53-0.60948.26-57.4988.66-81.8986.77----0.0033.42-96.48-18.30-103.03----22.29
Pacific Assets Trust plc-20.87m-25.18m441.05m0.00--0.9779-----0.2108-0.2108-0.1743.95-0.0413-------4.987.69-5.007.72--90.68--76.44----0.0010.611,039.4424.44839.5027.22----
IP Group Plc70.00m-140.10m445.25m69.00--0.5164--6.36-0.1426-0.14260.07190.9760.0595--9.401,014,493.00-11.91-1.21-11.97-1.23-----200.14-11.25--0.29730.1405--1,512.25---18.69------
Invesco Bond Income Plus Ltd31.85m26.68m447.71m0.0013.191.02--14.060.13190.13190.15711.700.0796--28.67--6.672.657.643.5892.8586.0883.7774.66--20.120.1097180.89-13.994.84-16.463.06--3.17
Foresight Group Holdings Ltd162.32m38.98m448.02m411.0011.825.139.882.760.3320.3321.380.76560.9769--5.20394,931.9023.4621.1134.1729.7593.5894.5324.0221.69----0.174782.358.9621.8825.7738.59-16.56--
Invesco Global Equity Income Trust PLC22.20m19.89m448.80m0.0012.451.02--20.220.29560.29560.34133.600.0926--46.98--8.299.258.379.8593.7894.2289.5990.05----0.0032.39-20.46---18.93----12.17
Data as of Mar 05 2026. Currency figures normalised to Gresham House Energy Storage Fund PLC's reporting currency: UK Pound GBX

Institutional shareholders

56.06%Per cent of shares held by top holders
HolderShares% Held
BlackRock Investment Management (UK) Ltd.as of 31 Jan 202661.05m10.73%
Schroder & Co. Ltd.as of 28 Jul 202552.64m9.25%
Gresham House Asset Management Ltd. (Investment Management)as of 22 Apr 202549.59m8.71%
PrimeStone Capital LLPas of 17 Apr 202528.50m5.01%
Hargreaves Lansdown Asset Management Ltd.as of 22 Apr 202524.75m4.35%
Sarasin & Partners LLPas of 22 Apr 202522.68m3.99%
West Yorkshire Pension Fundas of 22 Apr 202520.72m3.64%
Gravis Capital Management Ltd. (Investment Management)as of 22 Apr 202520.66m3.63%
Gravis Advisory Ltd.as of 30 Jun 202520.00m3.52%
Privium Fund Management BVas of 20 Nov 202518.43m3.24%
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Data from 31 Mar 2025 - 10 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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