30 November 2021
We are excited to announce that today, Habitat Energy has been wholly acquired by Quinbrook Infrastructure Partners.
Habitat Energy will continue to operate as it has done to date – providing market-leading battery optimisation services in the UK, Australia and soon also in the USA – but with the additional strength of a backer who will enable us to accelerate our growth and broaden the ways in which we can serve our clients.
We are delighted to be partnering with Quinbrook in this way, having already been working together on our US market entry and now able to further build the relationship. We are entirely aligned in vision and values, each wanting to play our part in the decarbonisation of the global energy sector, and knowing we can do so more effectively by joining forces.
It’s been an incredible journey for us, the co-founders, since starting Habitat Energy 4 years ago. We feel fortunate to have entered the market when we did, just as grid-scale battery storage was gaining momentum in the UK and the need for automated optimisation intelligence began to be recognised. But more than timing, we know we would never have been able to build the business we have today were it not for our team of incredibly talented people – now 40 strong and growing fast.
We’ve built some amazing machine-learning tools over that time, and are at the forefront of trading and managing what is certainly the most versatile but also most challenging power asset on the system. We have built deep and trusting client relationships too, all the way from building investment cases back when nobody knew what a battery would be able to earn, supporting client fund raising, working out how to co-locate a battery with solar, right through to providing day-to-day operational control.
We could not be prouder of the impact we have already been able to deliver, having assembled one of the biggest battery portfolios in the UK and been ranked by LCP Enact as the number one performing UK battery optimiser over the last 12 months.
We’re grateful to our investors who shared our vision and were willing to take a chance to help get Habitat Energy off the ground, in particular Liger Holdings and Delph25, to our advisory board and transaction team at Squire Patton Boggs and Alexa Capital. And of course to our clients, who have entrusted us with their batteries and gave us the chance to prove what we were capable of.
The energy sector is an exciting place right now and we’re optimistic about the transition to a reliable, renewables-based power system. We’re looking forward to continuing to play our part with our team, clients, partners and Quinbrook on this next stage of the Habitat Energy journey.
The Habitat Energy co-founders
Andrew, Phil and Ben