Gresham House Energy Storage Fund has acquired a 100MW battery energy storage project in Elland, West Yorkshire, the company said. The project, known as Elland 2, is designed for a two-hour duration and can be extended to longer durations over time.
Elland 2 forms part of the new development pipeline outlined in the fund’s Three-Year Plan and 2025 Interim Report. It is located next to the operational Elland 1 site already owned by the company, a positioning Gresham House said will create operational efficiencies across the two locations.
The acquisition is conditional on the fund being satisfied that the project will receive, or has received, an acceptable Gate 2 grid connection offer. Gresham House said it expects confirmation by the end of March 2026. The offer will be issued through the ongoing Queue Reform process managed by the National Energy System Operator (NESO).
“We aim to begin construction of Elland 2 within the next few months and will be procuring long lead items in the meantime,” said Ben Guest, fund manager of Gresham House Energy Storage Fund plc and managing director of Gresham House Energy Transition. “Once finished, this project, with a capacity of 100MW/200MWh, will be larger than any other in the current operational portfolio.”
