Gresham House Energy Storage Fund has acquired a 100MW battery project in Elland in West Yorkshire.
Elland 2, which is being designed to a 2-hour duration and is extendable to a longer duration in due course, is one of the projects detailed in the new project pipeline set out in the Company’s Three-Year Plan and 2025 Interim Report, the company said.
The project is adjacent to the operational Elland 1 site already owned by the Company, which offers efficiencies across the two sites.
The acquisition is conditional on the Gresham House confirming it is satisfied that the project will receive or has received an acceptable Gate 2 connection offer, which is expected to occur by the end of March 2026.
The confirmation and grid connection offer will be received through the ongoing Queue Reform process which is being managed by the National Energy System Operator (NESO).
Ben Guest, Fund Manager of Gresham House Energy Storage Fund plc & Managing Director of Gresham House Energy Transition, said: “We aim to begin construction of Elland 2 within the next few months and will be procuring long lead items in the meantime.”
“Once finished, this project, with a capacity of 100MW/200MWh, will be larger than any other in the current operational portfolio.”