11:11 AM EST, 11/02/2026 (MT Newswires) -- Gresham House Energy Storage Fund's (GRID.L) board decided to launch a formal sale process, following extensive consultations and increased shareholder desire "to accelerate value delivery." "[I]t has become increasingly clear to the Board that there is a wide range of views about the appropriate time horizon for realising returns given the share price is continuing to fail to reflect the substantial progress made by the Company," the battery energy storage systems investor said Monday. Gresham's board intends to continue executing the company's growth plan alongside the formal sale process, with final investment decisions on the 240-megawatt Ocker Hill, 57-MW Lister Drive, and 480-MW Rayleigh projects expected in 2027.

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