Quinbrook Infrastructure Partners, a global investment manager that focuses exclusively on the infrastructure needed for the energy transition, has secured a total of $3 billion in new capital commitments across the Net Zero Power Fund and co-investment vehicles for the NZPF strategy.
NZPF’s strategy adheres to a defined set of technologies ranging from large-scale solar + storage, sustainable infrastructure solutions for hyperscale data centre customers, renewable fuel generation, synchronous condensers providing direct grid support and contracted battery storage at strategic locations.
The fund attracted new institutional investors from the United States, Canada, Australia, the United Kingdom, Sweden, Norway, Finland and the European Union and included a number of funds, endowments and family offices, along with pension, sovereign and insurance institutions.
Rowan Digital Infrastructure, a developer of sustainable infrastructure solutions for hyperscale data center operators that diversifies across the United States to host next-generation, mission-critical, hyperscale data centers with a portfolio of contracted and development-stage campuses.
Supernode Storage Project, a fully licensed, multi-stage 750 MWh Battery Energy Storage System (BESS) adjacent to South Pine Substation in Australia – which is the main node of Queensland’s electricity transmission system with Phases 1 and 2 recently entered into a long-term agreement. Origin Energy is Australia’s largest electricity retailer.
Purpose Energy, a US-based developer, owner and operator of biogas processing and renewable fuel supply projects, provides solutions to the growing challenge of food waste solutions for major food manufacturers with several notable Fortune 500 customers.
The UK portfolio of two synchronous condensers located at Project Severn, Cylindeg in Kent, England and Cilfynydd in South Wales which are in early stage construction will provide significant stability to the grid once operational. Quinbrook was awarded the contracts for both projects in Phase III of the National Grid’s Stability Pathfinder Program.
successful closing – Queenbrook’s
“This successful closing – Queenbrook’s largest to date – is a testament to the confidence our investors have in our various investment strategies around project development, asset creation and business platform development, as well as proactive asset management,” said David Skisbroek, Queenbrook’s co-founder and managing director. “We want a higher ‘value-add” return from the infrastructure opportunities offered by the energy transition that enable us to secure long-term contracted revenues from high-end customers.
We have demonstrated a consistent ability to advance early on in the most anticipated areas Be it mega-scale solar + storage projects, sustainable infrastructure solutions for hyperscale data centers, AI optimization of battery storage or synchronous condensers for grid support. where we all live. ‘Right to the label ‘as an expert infrastructure investor and manager.
Quinbrook has already invested more than half of the total committed capital in the current portfolio and expects to be fully committed within the next 12 months.
The NZPF is the third fund to close for Queenbrook this past year, representing a total of more than $4.3 bn. This includes £600 million for the Quinbrook Valley of Fire Fund, which last ended in April 2024, and the more than £620 million subscribed Quinbrook Renewables Impact Fund, which finally ended in October 2023.
