GRESHAM HOUSE ENERGY STORAGE FUND PLC — Board/Management Information 2020

Jun 3, 2020

National Storage Mechanism | Additional information

RNS Number : 7438O

Gresham House Energy Storage Fund

03 June 2020

3 June 2020

Gresham House Energy Storage Fund PLC

(the "GRID" or the "Fund")

Appointment of Corporate Broker and Financial Adviser

Gresham House Energy Storage Fund PLC (LSE: GRID) is pleased to announce the appointment of Jefferies International Limited as corporate broker and financial adviser to the Company with immediate effect.

For further information, please contact:

Gresham House New Energy Ben Guest	+44 (0) 20 3837 6270
Jefferies International Limited Stuart Klein Neil Winward Gaudi le Roux	+44 (0) 20 7029 8000
KL Communications Charles Gorman Camilla Esmund Alex Hogan	+44 (0) 20 3995 6673

About the Company and the Manager:

Gresham House Energy Storage Fund plc owns a portfolio of utility-scale operational energy storage systems (known as ESS) located in Great Britain. The portfolio has a total capacity of 174MW. The Company is managed by Gresham House Asset Management Limited under the leadership of Ben Guest. The Company was admitted to trading on the London Stock Exchange (Specialist Fund Segment) on 13 November 2018 having raised £100 million of gross proceeds from investors. Including issuance under the Placing Programme, it has now raised a total of approximately £237 million of gross proceeds from investors.

The Gresham House New Energy team has a proven track record in developing and operating energy storage and other renewable assets having developed 124MW of Energy Storage Systems and approximately 290MW of predominantly ground-mounted solar projects. Gresham House Asset Management currently manages approximately 195MW of solar and wind energy projects.

Gresham House Asset Management is the FCA authorised operating business of Gresham House plc, a London Stock Exchange quoted specialist alternative asset manager. Gresham House is committed to operating responsibly and sustainably, taking the long view in delivering sustainable investment solutions.

www.greshamhouse.com

Definition of Utility-scale battery Storage Systems

Utility-scale battery storage systems are the enabling infrastructure that will support the continued growth of renewable energy sources such as wind and solar, essential to the UK's stated target to reduce carbon emissions. They store excess energy generated by renewable energy sources and then release that stored energy back into the grid during peak hours when there is increased demand for it.

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