Quinbrook Infrastructure Partners has acquired Habitat Energy Limited, a UK-based optimisation and trading platform for grid-scale battery storage.
Recent instability in both UK and US power markets have highlighted how critical flexible capacity and storage are to supporting the energy transition, and Quinbrook believes this will only increase. Battery storage is poised for rapid expansion in coming years which must be carefully optimised, both operationally and financially.
Habitat has established itself as one of the top performing platforms amongst UK market players focusing on optimising flexible generation and storage. It has been ranked by independent market analysts as a top performing optimiser within the UK battery storage sector.
Quinbrook plans to support Habitat to further develop its technology suite and advanced machine learning capabilities, continuing Habitat’s expansion into Australia and also the US.
Read more/Source: Private Equity Wire
