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About the company
Gresham House Renewable Energy VCT 1 plc (VCT) is a United Kingdom-based venture capital trust. The Company invests in a portfolio of renewable energy projects in the United Kingdom, which it co-owns with Gresham House Renewable Energy VCT 2 plc. Its principal objective is to manage the VCT with the intention of realizing the sale or monetization otherwise of all remaining assets in the portfolio. It has invested in a portfolio of renewable energy generating assets that are mature, generating electricity and earning revenues both from the sale of electricity and from government incentives to support the development of renewable energy generation capacity, including feed-in tariffs and renewable obligation certificates. Its energy investments include investment into battery energy storage, ground, and roof-mounted solar and onshore wind. The Investment Adviser of the Company is Gresham House Asset Management Limited.
- Revenue in GBP (TTM)-4.79m
- Net income in GBP-4.73m
- Incorporated2010
- Employees0.00
- LocationGresham House Renewable Energy VCT 1 plcThe Scalpel, 18th Floor, 52 Lime StreetLONDON EC3M 7AFUnited KingdomGBR
- Websitehttps://greshamhouse.com/real-assets/new-energy/
Profile
Management group(s) | Gresham House Asset Management Ltd |
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AIC sector | VCT |
ISIN | GB00B4M2G812 |
Launch date | 10 Jan 2011 |
Share type | Ordinary Share |
Structure | Investment Trust |
Base currency | GBP |
Objective
To realise all remaining assets in the Portfolio in a prudent manner consistent with the principles of good investment management and with a view to returning cash to Shareholders in an orderly manner.
Managed by
Bozkurt Aydinoglu, Ben Guest, Gareth Owen, Ed Simpson |
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Management & contract fees
Management fee payable is 1.15% p.a. of NAV. Performance fee of 20% of the surplus when dividends exceed 5p per share for a financial year and 30% when dividends exceed 10p per share.The contract is terminable at a notice period of 9months.
Peer analysis
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Gresham House Renewable Energy VCT 2 PLC | 1.48m | -4.69m |
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