Quinbrook Infrastructure Partners acquires Habitat Energy

Quinbrook Infrastructure Partners Pty. Ltd. acquired Habitat Energy Ltd. for undisclosed terms.

U.K.-based Habitat Energy is an optimization and trading platform for grid-scale battery storage. Quinbrook expects the acquisition to significantly strengthen its capabilities in flexible energy solutions and storage and to complement its own existing platforms in the U.K.

Quinbrook plans to support Habitat in further developing its technology suite, as well as its expansion into Australia and the U.S., where initial focus will be on the Electric Reliability Council of Texas Inc. market.

"We believe Habitat is truly ahead of the game in devising 'state of the art' methods at the leading edge of data science combined with the power markets know-how to maintain competitive edge," Quinbrook Managing Partner David Scaysbrook said.