Gresham House Energy Storage Fund Plc GBP · LSE:GRID
Gresham House Energy Storage Fund Plc GBP — Gresham House Renewable Energy VCT1 and VCT2 — Shareholder Meeting (March 2025)
7 slides from Gresham House Energy Storage Fund Plc GBP's shareholder meeting presentation, Mar 18, 2025
Slide 1: Gresham House Renewable Energy VCT1 and VCT2 plc
Gresham House Renewable Energy VCT1 and VCT2 plc AGM, 18 March 2025 Performance for full year 2024 and outlook Wayne Cranstone Chloë Jacquet
Slide 2: Disclaimer
Disclaimer This presentation (the Presentation) is issued on a confidential basis by Gresham House for No representation is being made that any investment will or is likely to achieve profits or losses information purposes only. This Presentation, its contents and any information provided or similar
Slide 3: Warranty claims - panels
Warranty claims - panels Solar panel deterioration at Kingston and Lake Farm has continued to impact their performance. This delamination allows moisture to enter the panels causing electrical faults. Warranty claims were lodged against Canadian Solar and Trina, the two manufacturers of the affected
Slide 4: Wychwood inverter repowering
Wychwood inverter repowering Wychwood and Parsonage have started to see an increasing number of their inverters failing beyond repair. As Wychwood is the larger of the two sites, all its inverters have been replaced with new ones, which will provide better monitoring too. The work began in December
Slide 5: Revenue
Revenue Since the period of exceptionally high-power prices due to Russia’s invasion of Ukraine, prices have reduced significantly but remain at slightly elevated levels to normal. Inflation has eased off from its double-digit highs to 3% currently but is still not at the Bank of England’s target of
Slide 6: South Marston update
South Marston update The change in ownership of the Swindon Honda plant to Panattoni (an industrial developer) had the potential to leave South Marston as a stranded asset, as it was connected to the grid via the Honda factory rather than directly to the grid, with the factory consuming the power
Slide 7: Aww
Aww Gresham House Specialist investment
Gresham House Renewable Energy VCT1 and VCT2 — Shareholder Meeting (March 2025) on 6ix