Gresham House has made a number of announcements as of late, making further acquisitions and targeting £15 million of debt financing through a private offer of secured power bonds.
Speaking to Solar Power Portal, managing director of Gresham House Asset Management, Rupert Robinson, said that the company had been talking to shareholders about introducing debt financing for a “considerable” period of time.
A number of options were explored, including an RTF (revolving trade facility), term debt and the private offer he company ended up choosing.
Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.