A team at accounting firm PKF Francis Clark has advised Quinbrook Infrastructure Partners on the acquisition of Habitat Energy, an optimisation and trading platform for grid-scale battery storage.
Based in Oxford, Habitat Energy has developed advanced machine learning and algorithmic capabilities to optimise the strategic and financial value of battery storage assets, both stand-alone and co-located with renewables.
Quinbrook is a specialist global investment manager focused exclusively on renewables, storage, and grid support infrastructure. It plans to support Habitat to further develop its technology suite and advanced machine learning capabilities, as well as continue its expansion into Australia and the US.
David Scaysbrook, co-founder and managing partner of Quinbrook, said:
Andrew Killick, Robert Gear, and George Harold at PKF Francis Clark provided financial and tax advice to Quinbrook on the transaction.
Corporate finance director Robert Gear said: