Gresham House Energy Storage Fund 2022 H1 Interim Results

Gresham House Energy Storage Fund plc (GRID) presented H1 2022 interim results showing strong operational performance with NAV up 53.5% to £785.4mn and revenue rising 20.6% to £30.1mn. The fund, which invests in renewable energy storage assets, delivered a 27.2% NAV total return and reaffirmed its 7.0p dividend target for 2022, supported by elevated pricing in Frequency Response markets.