Quinbrook Infrastructure Partners’ Acquisition of Habitat Energy

Squire Patton Boggs has advised Habitat Energy Limited on the deal.

Habitat Energy Limited, a UK-based optimisation and power trading platform for grid-scale battery storage, announced its acquisition by Quinbrook Infrastructure Partners, a specialist global investment manager focused on renewables, storage and grid support infrastructure.

Headquartered in Oxford with offices in Australia and the US, Habitat Energy has developed and utilises advanced machine learning and algorithmic capabilities to optimize the strategic and financial value of battery storage assets within deregulated power markets, both stand-alone and co-located with renewables. Habitat has established itself as one of the top performing platforms amongst UK market players focusing on optimising flexible generation and storage.

Quinbrook Infrastructure Partners is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure and operational asset management in the US, UK and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested circa US$8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of circa US$28.7 billion or 19.5 GW of power supply capacity.

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, where initial focus will be on the ERCOT market in Texas followed by other US ISOs shortly thereafter. Habitat will be deployed to optimise battery storage assets within the Quinbrook portfolio, while continuing to offer its services independently to new and existing clients around the world.

The Squire Patton Boggs team advising Habitat Energy was led by Energy and Natural Resources partner Peter Stewart in London and included partner Trevor Ingle and lead associate, Andrew Slucky, along with Orla O’Keeffe, Dasith Vithanage and trainee, Anna Sanchez in corporate; partner Patrick Ford and associate Alexander Paterson in tax; partner Janette Lucas and associate Will Saunders in employment; and partner Stuart James, and associates Sam Tibbetts and Francesca Puttock in intellectual property.

Involved fees earner: Patrick Ford – Squire Patton Boggs; Trevor Ingle – Squire Patton Boggs; Stuart James – Squire Patton Boggs; Janette Lucas – Squire Patton Boggs; Orla O’Keeffe – Squire Patton Boggs; Alexander Paterson – Squire Patton Boggs; Will Saunders – Squire Patton Boggs; Andrew Slucky – Squire Patton Boggs; Peter Stewart – Squire Patton Boggs; Samuel Tibbetts – Squire Patton Boggs; Dasith Vithanage – Squire Patton Boggs;

Law Firms: Squire Patton Boggs;

Clients: Habitat Energy;