Gresham House attracts strong demand for raise

By Sam Kerr
25 Nov 2020

London-listed Gresham House Energy Storage Fund attracted strong interest from investors in its 114.3m share issue as green stocks continue to prove popular with ECM investors.

Jefferies was the sole bookrunner on the deal.

The 114.3m shares were sold at £1.05 a share, raising £120m. The deal was covered well in excess of its size with Gresham House scaling back investor orders because of the extent of the demand.

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