Burges Salmon advises Gresham House on acquisition of Arenko battery projects

The firm’s Corporate team has advised Gresham House on the acquisition of two pre-construction transmission-connected battery projects

08 September 2020

Gresham House plc and its wholly owned subsidiary Gresham House DevCo Limited have acquired the two pipeline battery projects from Arenko Cleantech, a world-leading battery software and controls technology company.

Lister Drive and Monet’s Garden, both transmission-connected battery projects, were acquired for construction and commissioning in the second half of 2021 and will be located in Liverpool and York respectively and increase Gresham House’s pipeline by c.100 megawatts.

Gareth Owen, Investment Director at Gresham House, says: “We are delighted to have completed the acquisition of these projects and it was a pleasure to continue our work with the Burges Salmon team.”

Burges Salmon partner Camilla Usher-Clark led the team advising on the transaction, alongside senior associate Peter Dunn and solicitor Briony Barber.

Camilla says: “We always enjoy working with the Gresham House team and are pleased to have assisted them in securing these two projects from Arenko Cleantech to add to their expanding pipeline.”

Key contact

Camilla Usher-Clark

Camilla Usher-Clark Partner

  • Corporate
  • Energy, Power and Utilities
  • Co-operatives

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