Gresham House completed the acquisition of Thurcroft for $45m.

Gresham House, an alternative asset manager, completed the acquisition of Thurcroft, a battery storage site, for $45m. "Thurcroft is our largest battery project yet and we’re delighted that it’s now live. The dynamic fluctuations in power on the National Grid during lockdown, and the unassailable rise of wind and solar installations, have sharpened the focus on the need for fast-acting, flexible storage at scale," John Leggate, Gresham House Energy Storage Fund Chair.