Edison Investment Research Limited: Gresham House Energy Storage Fund (GRID): Initiation - A rapidly growing fund with scope for NAV uplifts
Gresham House Energy Storage Fund (GRID) invests in a diversified portfolio of utility-scale battery energy storage systems (BESS) in the UK and Ireland.
- Gresham House Energy Storage Fund (GRID) invests in a diversified portfolio of utility-scale battery energy storage systems (BESS) in the UK and Ireland.
- It is the largest UK listed BESS fund and the largest operator in the market, and it is growing rapidly.
- We believe GRID's asset valuation policy is conservative relative to its peers, providing scope for potential NAV uplift.
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