Statkraft UK, a unit of Norway’s state-owned power producer Statkraft, has signed optimisation power purchase agreements (PPAs) for 412 MW of battery energy storage systems (BESS) held by Gresham House Energy Storage Fund (<a href="https://www.londonstockexchange.com/stock/GRID/gresham-house-energy-storage-fund-plc/company-page" target="_blank">LON:GRID</a>) in the UK.