Foresight Group has made a £3.5 million growth capital investment in fast-growing tech business Looper Insights, in a deal supported by PKF Francis Clark. Looper provides merchandising data analytics to…
We were pleased to advise Quinbrook Infrastructure Partners on the acquisition of Habitat Energy Limited, an optimisation and trading platform for grid-scale battery storage.
Based in Oxford, Habitat Energy has developed advanced machine learning and algorithmic capabilities to optimize 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 continuing its expansion into Australia and the US.
We’re very proud of what our team has achieved to date, and in particular the contributions we have made to the UK power sector and its transition toward net zero.
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.
“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.”
Corporate finance director Robert Gear said: “We’re delighted to have supported another significant investment in the renewable energy sector by completing financial and tax due diligence for our client to a tight timescale.
“Battery storage will play a crucial role in the transition to net zero, not just in the UK but across the globe. Habitat Energy is well placed to support and capitalise on this in the coming years with its cutting-edge technology. We look forward to seeing the company achieve its exciting expansion plans with the expert backing of Quinbrook.”
Andrew Luers, co-founder and CEO of Habitat Energy, added: “We’re very proud of what our team has achieved to date, and in particular the contributions we have made to the UK power sector and its transition toward net zero. We look forward to working with the Quinbrook team as we expand the scope and reach of Habitat Energy’s activities and services to our clients and we are optimistic about the impact we will have together in this next phase of our company’s journey.”
Find out more about our complete Energy & Infrastructure financial advisory service.