Nominations are open
Enter now

Quinbrook acquires Oxford-based Habitat Energy

By TBM Team
9 December 2021
Share

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:

“We believe that the net-zero power systems of tomorrow are moving rapidly and inexorably to a place where renewable power assets and storage in all its forms will be managed and optimized with advanced algorithmic capabilities."

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:

“Battery storage will play a crucial role in the transition to net zero, not just in the UK but across the globe.”


Related topics