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Abrdn Total Dynamic Dividend Fund shares rise 1.23% intraday after Gresham House Energy Storage Fund announced a new debt facility to refinance existing facilities.
ByAinvest
Friday, Aug 22, 2025 1:29 pm ET1min read
Abrdn Total Dynamic Dividend Fund rose 1.23% in intraday trading, following the news that Gresham House Energy Storage Fund (GRID) has secured a new debt facility to refinance existing ones. This move reduces the fund’s cost of debt and releases capital for its three-year plan, which aims to significantly increase both revenues and operational capacity while reinstating its dividend.
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