Gresham House Energy Storage Fund has paid £15.6 million ($21 million) for the 30-megawatt battery project known as Byers Brae, in Scotland.
Byers Brae, a battery-only site, commenced commercial operations in March. The project was acquired from Gresham House DevCo and Noriker Power and increases Gresham House Energy Storage Fund’s capacity of operational utility-scale battery storage projects to 425 megawatts.
“Byers Brae adds our first operational capacity in Scotland,” said Ben Guest, fund manager and head of Gresham House New Energy. “Its location makes it well placed to ease system constraints arising from bottlenecks in the physical network between U.K. wind generation in the north and power demand in the south.”
He added, “The facility currently provides system flexibility via National Grid’s Dynamic Containment premium frequency response product.”
