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Quinbrook Makes First Irish Investment with Wexford Synchronous Condenser Project
Quinbrook Makes First Irish Investment with Wexford Synchronous Condenser Project

Business Wire

time29-07-2025

  • Business
  • Business Wire

Quinbrook Makes First Irish Investment with Wexford Synchronous Condenser Project

LONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners ('Quinbrook'), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, today announced that it has closed its first investment in the Republic of Ireland with the acquisition of the Wexford Synchronous Condenser Project ('Wexford'), a proposed 963 MVA.s. facility to be located in Co. Wexford, Ireland. Wexford, originally developed by Green Frog Power, was awarded a long-term revenue contract under the Low Carbon Inertia Services (LCIS) tender in June 2024. The project is configured to provide critical grid services including inertia, short-circuit level, and reactive power that are essential to maintain stability in the Irish electricity grid. 'Wexford marks a significant milestone for Quinbrook as we continue to grow our grid stability portfolio and mark our first investment in Ireland,' said Keith Gains, Managing Director and UK Regional Leader for Quinbrook. 'The Wexford project underscores our commitment to building critical infrastructure that supports Ireland's energy transition and strengthens grid resilience. As Ireland moves toward its goal of sourcing 80% of electricity from renewables by 2030, investments in grid stability are essential. We are excited to bring our team's expertise to Ireland to help accelerate the shift to a more sustainable power system.' This latest investment builds on Quinbrook's grid stability leadership in the UK where it is the largest private owner of synchronous condensers, with over £430 million now committed for investment across its portfolio. With three projects already operational and four more under construction, Quinbrook is applying its proven model to support Ireland's transition to a more resilient and decarbonised power system. Synchronous condensers provide grid stability by providing system inertia, reducing the risk of blackouts. While thermal generation plants create inertia through large rotating turbines, renewables such as wind and solar do not, constraining the deployment of renewable energy. Synchronous condensers offer a cost-effective, zero-emissions solution to this challenge by replicating the stabilising effect of traditional generators, allowing more renewable energy to be used without compromising grid reliability. Procurement and construction for Wexford will be overseen by Quinbrook's long-standing delivery partner, Welsh Power. Having successfully developed and managed construction for Quinbrook's existing synchronous condenser projects in the UK, Welsh Power brings deep technical expertise and a proven track record in delivering complex grid infrastructure. Quinbrook will fully fund the construction phase, with Wexford expected to commence operations in 2027. About Quinbrook Quinbrook Infrastructure Partners ( is a specialist investment manager focused exclusively on the infrastructure needed to drive the energy transition in the UK, US, and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c. USD 6.9 billion of equity capital in 40 GW of energy infrastructure assets representing a total transaction value of USD 29.8 billion. Quinbrook has completed a diverse range of direct investments in both utility and distributed scale onshore wind and solar power, battery storage, reserve peaking capacity, biomass, fugitive methane recovery, hydro and flexible energy management solutions in the UK, US, and Australia. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects in the UK, US, and Australia.

Landmark Cleve Hill Solar Park Reaches Commercial Operations
Landmark Cleve Hill Solar Park Reaches Commercial Operations

Business Wire

time01-07-2025

  • Business
  • Business Wire

Landmark Cleve Hill Solar Park Reaches Commercial Operations

LONDON--(BUSINESS WIRE)-- Quinbrook Infrastructure Partners ('Quinbrook'), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, today announced successful completion of construction and the start of commercial operations of the solar asset at the landmark Cleve Hill Solar Park ('Cleve Hill') in Kent, UK. Cleve Hill is now exporting at 100 percent of its 373 MW dc capacity, which is more than four times the size of the next largest operational UK solar project. In May, electricity exports from Cleve Hill during the commissioning phase peaked at a level equivalent to 0.7 percent of the UK's national power demand. Cleve Hill was the first solar and battery storage project to be consented as a Nationally Significant Infrastructure Project ('NSIP'). The record breaking solar project is supported by the largest solar + battery storage project financing ever undertaken in the UK. As previously announced, Quinbrook closed a GBP 218.5 million term loan and a GBP 20 million VAT facility with Lloyds and NatWest. Construction is also underway on a 150 MW co-located battery energy storage system (BESS) which on completion will make Cleve Hill the largest co-located solar plus storage project ever constructed in the UK power market. 'Cleve Hill sets a new benchmark for large-scale solar projects to help decarbonise the UK power system and demonstrates how investing in the infrastructure needed to transition the UK to clean energy can support local communities and create new jobs,' said Keith Gains, Managing Director and UK Regional Leader for Quinbrook. 'Reaching commercial operations is a major technical, construction and financial achievement for our teams, our partners and our investors. Cleve Hill was not an easy project to build and we overcame many challenges along the way. The UK's ongoing commitment to progress its energy transition and decarbonise the economy represents a strong conviction as a nation to a renewable energy future, one that is underpinned by a huge pipeline of large-scale infrastructure projects that will support growth, jobs and cheaper power for UK households.' Cleve Hill was the UK's first solar NSIP to be awarded a Contract for Difference ('CfD') by the UK Government-backed Low Carbon Contracts Company and secured the largest award for a UK solar project in Round 4 of the CfD auction scheme. Quinbrook also secured a long-term offtake agreement with Tesco PLC, the largest solar corporate PPA executed in the UK to date. 'Quinbrook is proud to further enhance our track record of successfully delivering milestone infrastructure projects that create such a meaningful and positive impact for the UK's energy transition. Projects like Cleve Hill set new scale benchmarks that should increase confidence that the UK's renewables targets can be achieved,' said Rory Quinlan, Quinbrook's Co-Founder and Managing Partner. Cleve Hill was granted development consent in May 2020 and commenced construction in early 2023. Quinbrook partnered with its development affiliate, Private Energy Partners, in the construction and commissioning of the project. Cleve Hill is expected to help reduce carbon emissions by more than 142,000 tonnes in the first year of operations. It is also expected to support over 2,500 direct and indirect jobs and generate more than GBP 114 million in local socio-economic benefits over its lifetime. About Quinbrook Quinbrook Infrastructure Partners ( is a specialist investment manager focused exclusively on the infrastructure needed to drive the energy transition in the UK, US, and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c. USD 6.9 billion of equity capital in 40 GW of energy infrastructure assets representing a total transaction value of USD 29.8 billion. Quinbrook has completed a diverse range of direct investments in both utility and distributed scale onshore wind and solar power, battery storage, reserve peaking capacity, biomass, fugitive methane recovery, hydro and flexible energy management solutions in the UK, US, and Australia. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects in the UK, US, and Australia.

Quinbrook Strengthens Leadership Structure to Support Future Growth
Quinbrook Strengthens Leadership Structure to Support Future Growth

Business Wire

time13-06-2025

  • Business
  • Business Wire

Quinbrook Strengthens Leadership Structure to Support Future Growth

NEW YORK--(BUSINESS WIRE)-- Quinbrook Infrastructure Partners ('Quinbrook'), a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition, today announced several moves to strengthen its executive leadership and support ongoing growth. Global CEO Appointment Brian Restall, currently Quinbrook's Australian Regional Leader, will transition to the newly created role of CEO of Quinbrook by year end. Brian will assume overall leadership responsibility for the management of all Quinbrook regional teams based in North America, Europe and Australia. Brian has worked for Quinbrook since its founding in 2015, and with the Founders in their predecessor investment management roles since 2011. Brian has more than 28 years' experience in energy-related infrastructure investments and operating businesses in Australia, the US, Europe and Africa. Brian has led over US$20 billion of power project development, over US$4 billion in power asset construction and was the inaugural CEO of Cape Byron Power, Quinbrook's first portfolio company. He was also instrumental in the development of Quinbrook's award winning Gemini solar + storage project in the US and most recently led the development and execution of Quinbrook's Supernode project in Australia, which has set new industry records for the long-term offtake contracting and financing of battery storage. New Regional Leader for North America Giulia Siccardo joins Quinbrook as Managing Director and succeeds John Lucas, who leaves at the end of the month, as the Regional Leader of Quinbrook for North America. Giulia was most recently at the U.S. Department of Energy in Washington, D.C., in her role as the first ever Director of Manufacturing & Energy Supply Chains, a new investment arm for the Department of Energy. Giulia oversaw the deployment of tens of billions of dollars in investments, building a portfolio of energy infrastructure projects spanning design, engineering, construction and delivery. She also led the development of the National Security Council's energy supply chain strategy. Prior to her role for the US Government, Giulia spent over a decade as a partner of McKinsey & Co in San Francisco and New York. 'As Quinbrook grows, we have been working to establish a leadership structure that further empowers our people to lead our firm into its second decade and beyond. As Co-Founders, Rory and I are proud of what we've built together since establishing the firm in 2015. We believe this new leadership structure equips Quinbrook with exceptionally talented leaders as we continue our journey as a value-add specialist in the energy transition,' said David Scaysbrook, Co-Founder and Managing Partner of Quinbrook. Leadership of Digital Strategies Kathryn Lin, a Director in Quinbrook's North American investment team, has been promoted to Senior Director and leader of Quinbrook's digital infrastructure strategies. Kathryn is the investment lead and a director of the Board of Quinbrook portfolio company Rowan Digital Infrastructure. Kathryn is an infrastructure investment specialist with more than a decade of experience across infrastructure investments, project development, M&A, financing and asset management. About Quinbrook Quinbrook Infrastructure Partners ( is a specialist investment manager focused exclusively on the infrastructure needed to drive the energy transition in the UK, US, and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c. USD 6.9 billion of equity capital in 40 GW of energy infrastructure assets representing a total transaction value of USD 29.8 billion. Quinbrook has completed a diverse range of direct investments in both utility and distributed scale onshore wind and solar power, battery storage, reserve peaking capacity, biomass, fugitive methane recovery, hydro and flexible energy management solutions in the UK, US, and Australia. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects in the UK, US, and Australia.

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