REG - Gresham HouseRE VCT2 - Completion of Sale of Wind Assets

Gresham House Renewable Energy VCT 2Announcement

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RNS Number : 7347V  Gresham House Renewable EnergyVCT2  06 March 2026

6 March 2026

 

GRESHAM HOUSE RENEWABLE ENERGY VCT 2 PLC

(the "Company", the "VCT")

Completion of Sale of Wind Assets

 

The Board of the VCT 1 and VCT 2 are pleased to announce that the sale
completed on 23 February 2026 of around 200 wind turbines with a total
capacity of approximately 1MW for cash consideration and loan repayments
totalling £559k.  This compares to a NAV valuation of £552k as at 31 March
2025.

On 1 December 2025, the Company announced that completion of the sale of the
VCT's remaining solar assets might be delayed to Q1 2026 as a result of the
consultation issued by the Department for Energy Security & Net Zero on
changes to inflation indexation in the Renewables Obligation scheme. This has
proved to be a complicating factor but appropriate commercial arrangements
have been agreed with the proposed purchaser.

The Company is continuing to work hard to complete the sale within the
quarter.

END

For further information, please contact:

 Gresham House Asset Management  renewablevcts@greshamhouse.com
 Investor Relations              Tel: 020 3875 9860

 JTC (UK) Limited                GreshamVCTs@jtcgroup.com
 Company Secretary
Tel: 020 3846 9774

 

LEI: 213800GQ3JQE2M214C75

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