Gresham House Energy Storage Fund has conditionally agreed to acquire a 30MW battery project in Scotland, its first in the country. Byers Brae, which is located near Wester Dechmont in West Lothian, is part of the pipeline described in the fund’s prospectus published on 10 November. It is a battery-only site with about 30MW/30MW export/import capacity which is currently expected to be commissioned in the second quarter of 2021. The project is expected to generate revenues primarily from asset optimisation, whereby it imports and exports power to earn income from the wholesale market and the National Grid-administered Balancing Mechanism, together with frequency response services.