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Quinbrook completed the acquisition of Habitat Energy.

Synopsis

Quinbrook, a global investment manager, completed the acquisition of Habitat Energy, a developer of optimization and trading platform. Financial terms were not disclosed. "The transactional velocity and complexity will quickly overwhelm the ability of current practices to cope with the scale of the transition now underway. 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. Habitat is a unique business with a stand-out team and technology platform that we plan to take well beyond battery storage. This is an important strategic move for Quinbrook and will further differentiate our capabilities as a specialist investor in next generation renewables," David Scaysbrook, Quinbrook Managing Partner.

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