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Gresham House UK Battery Storage Pipeline Equity Deal

Sector: Energy Storage • Location: United Kingdom

Source: ESS News

Project
Planned

Gresham House Energy Storage Fund (GRID) signed an exclusivity agreement with Summit Transition Partners (STP) for a 25% equity stake in three UK battery storage pipeline projects totaling 397 MW / 794 MWh. The projects are Cockenzie (240 MW / 480 MWh), Monets Garden (57 MW / 114 MWh), and Elland 2 (100 MW / 200 MWh), all due to start construction following the deal completion. STP also holds excl

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The project “Gresham House UK Battery Storage Pipeline Equity Deal” is an infrastructure initiative in the Energy Storage sector, located in United Kingdom. Taiyo aggregates data on it from ESS News.

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Description

Description

Gresham House Energy Storage Fund (GRID) signed an exclusivity agreement with Summit Transition Partners (STP) for a 25% equity stake in three UK battery storage pipeline projects totaling 397 MW / 794 MWh. The projects are Cockenzie (240 MW / 480 MWh), Monets Garden (57 MW / 114 MWh), and Elland 2 (100 MW / 200 MWh), all due to start construction following the deal completion. STP also holds exclusivity on two additional projects, Lister Drive and Ocker Hill, with investments expected to close later.

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