While leading a bipartisan Congressional delegation to COP26, I appreciated the opportunity to tour the Flexitricity Control Center in Edinburgh and hear from leaders of Quinbrook and the H100 Fife hydrogen project. Everyone in the company is delighted to be joining the Quinbrook family at this moment of transition in the GB energy scene. Headquartered in Edinburgh, Flexitricity partners with businesses throughout Great Britain to provide reserve electricity to National Grid. Rory Quinlan, co-founder and managing partner of Quinbrook, said: Flexitricity is a perfect fit to help us pursue our ambitious growth plans for the UK energy market. About Quinbrook Quinbrook is a specialist investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management in the US, UK and Australia. The word "Flexitricity" means "Flexible Electricity". rsted-backed Pict looks to go global with Get Up Safe system, HSE: An increased cost recovery on the horizon, EU set to exit from controversial Energy Charter Treaty, STATS Group acquired by Japanese giant Mitsui, Anniversary reminds us there is no room for complacency in safety, Steve Rae looks back on career as he prepares to hand over Step Change in Safety baton. Jennifer Pflieger Everyone in the company is delighted to be joining the Quinbrook family at this moment of transition in the GB energy scene. With all eyes on Glasgow this fortnight, we are pleased to showcase how Quinbrook and its investors are supporting the global race to net zero while maintaining the highest standard of ESG principles when creating new infrastructure projects that create and preserve jobs, stimulate local economies and deliver positive environmental outcomes, added Mr. Quinlan. Habitat is a unique business with a stand-out team and technology platform that we plan to take well beyond battery storage. As we work to develop robust, secure infrastructure for renewables in the United States one of the core strategies we have to reduce emissions and combat climate change we can learn from our Scottish partners about their transition to renewable energy.. You can learn more about this in our cookie policy and privacy policy pages. We use cookies - cookies tell us which parts of our website you visited, help us measure the effectiveness of ads and web searches, and give us insights into user behaviour, so that we can improve our communications and products. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. #netzero #cop26 You can learn more about this in our cookie policy and privacy policy pages. Founded in 2004 and commercialised in 2008,Flexitricitywas the first open-market demand response aggregator in Britain, the first company of its type to enter the GB Capacity Market, and the first electricity supplier to bring business energy customers into the Balancing Mechanism. Flexitricity acquired by global investment specialist Quinbrook This commitment is projected to increase the countrys number of green collar jobs to approximately 2 million and boost the value of exports from the low carbon economy to 170 billion a year by 2030. Rory Quinlan, Co-Founder and Managing Partner of Quinbrook said Flexitricity is a perfect fit to help us pursue our ambitious growth plans for the UK energy market. We see great scope to expand their business model into a full menu of both asset based and technology enabled solutions for leading UK energy consumers. Quinbrook Welcomed Bipartisan US Congressional Delegations to its Flexitricity Headquarters As a part of COP26, members of the US Senate and House of Representatives visited Quinbrook's innovative UK aggregator and flexible energy specialist. The Flexitricity team is fully engaged at all industry and regulatory levels and has a track record that demonstrates innovation and delivery success. www.quinbrook.com Find more information about Alpiq on www.alpiq.com Media Relations T: +41 62 286 7110 media @ alpiq. A diversified portfolio of distributed renewable gas projects located at 30 sites in Scotland, England and Wales, many of which are intended to be converted to solar and battery storage. Flexitricity created the first demand response portfolio in GB and has unsurpassed knowledge of the market and its requirements. Approaching 1GW of flexible supply Supporting the U.K.s Energy Transition towards Net Zero. The batteries deliver frequency response services to National Grid, and are also traded in the day ahead and intraday energy markets, and directly with National Grid in the Balancing Mechanism. The company looks for flexibility in electricity consumption and generation to enhance grid support during periods of system stress and higher power prices; this, in turn, reduces carbon emissions and generates cost savings for energy consumers. Quinbrook welcomed bipartisan US congressional delegations to its Flexitricity headquarters as a part of COP26. Quinbrook currently manages Renewable and Grid Services, a UK business dedicated to constructing and owning a portfolio of synchronous condenser and battery storage assets providing stability and constraint services to National Grid. Generation team: 70 people Portfolio size: 366MW Number of sites: 51 Where: England, Scotland and Wales Habitat has established itself as one of the top performing platforms amongst UK market players focusing on optimising flexible generation and storage. Habitat has been ranked by independent market analysts as a top performing1 optimizer within the UK battery storage sector. Welcome! 1330 Post Oak Boulevard, Suite 1350, Houston, Texas 77056 Tel: +1 346 998 5830 United Kingdom 3rd Floor, 24 Savile Row, London, W1S 2ES We look forward to working with the Quinbrook team as we expand the scope and reach of Habitat Energys activities and services to our clients and we are optimistic about the impact we will have together in this next phase of our companys journey.. Quinbrook Invests in Flexible Generation Grid Support Quinbrook Acquires Habitat Energy | Business Wire Flexitricity Company Profile: Acquisition & Investors | PitchBook Quinbrook & Flexitricity Welcomes Bipartisan US Congressional The companys commitment to ESG means that each project not only reduces emissions but also aims to create and preserve jobs, promote sustainability, foster community engagement, improve transparency and enhance the local economy.9. Flexitricity | LinkedIn Headquartered in Edinburgh, Flexitricity was the first demand response aggregator to market in Great Britain,1and now manages a virtual power plant with a contracted portfolio of 595 MW of distributed flexible energy from a wide range of assets owned by customers across the region. Battery storage is poised for rapid expansion in coming years which must be carefully optimized, both operationally and financially. We now manage a virtual power plant of 540MW of fully flexible assets and as part of the Quinbrook portfolio we are confident we will break the 1GW threshold over the next couple of years. The company looks for flexibility in electricity consumption and generation, creating revenue for energy users and generators as well as reducing national CO2 emissions and helping to secure energy supplies. Alastair Martin, founder of Flexitricity, said this marks the start of a hugely exciting new phase of growth and development for Flexitricity. Quinbrook Welcomed Bipartisan US Congressional Delegations to its Flexitricity Headquarters As a part of COP26, members of the US Senate and House of Representatives visited Quinbrook's. As the UKs energy system undergoes a transformational shift to scale up its reliance on renewable energy to meet its net zero goals, its critical that this rapid energy transition is delivered without disruption to energy security and reliability. The company looks for flexibility in electricity consumption and generation to enhance grid support during periods of system stress and higher power prices; this, in turn, reduces carbon emissions and generates cost savings for energy consumers. We now manage a virtual power plant of 540MW of fully flexible assets and as part of the Quinbrook portfolio we are confident we will break the 1GW threshold over the next couple of years. About Quinbrook Quinbrook Infrastructure Partners (www.quinbrook.com) is a specialist investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management in the U.S., U.K. and Australia. The UKs net zero carbon legal obligation, combined with National Grid ESOs projections for transformation across electricity, heat and transport, putFlexitricitys capabilities and technology at the centre of a clean, secure, affordable and equitable energy system. Were 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. Quinbrook Commissions First New Synchronous Condenser for the UK Power The addition of Flexitricity takes Quinbrooks total flexible energy portfolio towards c. 1 GW.2. Geography Topic 44 Results 27 Apr, 2023 Aligning portfolios with net-zero targets, whilst achieving social impact and a 27 Apr, 2023 Project Fortress: enabling LGPS funds to address climate change 26 Apr, 2023 Quinbrook Starts Construction of UK's Largest Solar + Battery Storage Project 13 Apr, 2023 Quinbrook Moves into Renewable Fuels Founded in 2004 and commercialised in 2008, Flexitricity was the first open-market demand response aggregator in Britain, the first company of its type to enter the GB Capacity Market, and the first electricity supplier to bring business energy customers into the Balancing Mechanism. The condenser, to be located in Wales, is expected to provide critical support services to stabilise the grid as older baseload coal, gas and nuclear plants are retired and intermittent renewables capacity increases, Flexitricity, a first mover in a very small group of demand-response operators in Great Britain. Congressman Graves said, Thank you to Flexitricity for hosting our delegation for an informative site visit. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, Senator Tom Carper (D-DE), Chairman, Environment and Public Works Committee, Senator Jeff Merkley (D-OR), Environment and Public Works Committee, Senator John Hickenlooper (D-CO), Energy and Natural Resources Committee, Representative Scott Peters (D-CA-52), Energy and Commerce Committee, Representative Garret Graves (R-LA-6), Natural Resources Committee, Representative John Curtis (R-UT-3), Energy and Commerce Committee, Representative Dan Crenshaw (R-TX-2), Energy and Commerce Committee, Representative Mariannette Miller-Meeks (R-IA-2). The word Flexitricity means Flexible Electricity. Flexitricity has been an innovative market participant for over 10 years addressing customer demand management as decarbonization accelerates, creating real cost savings for energy consumers whilst also enhancing grid support during periods of system stress and higher power prices. John-Michael Cheshire, Principal at Gore Street Capital: Since starting working together we have been impressed with Flexitricitys overall level of service for the two systems managed on our behalf. Their team is fully engaged at industry and regulatory level and has a track record that demonstrates innovation and delivery success. The Senate delegation was led by Senator Chris Coons who was joined by fellow members of Congress who attended the event during the COP26 summit in Glasgow (full list below). Quinbrook's investment and asset management team has offices in Houston, London, Jersey, and the Gold Coast of Australia. Senator Coons, co-chair of the Senate Climate Solutions Caucus said, While leading a bipartisan Congressional delegation to COP26, I appreciated the opportunity to tour the Flexitricity Control Center in Edinburgh and hear from leaders of Quinbrook and the H100 Fife hydrogen project. Quinbrook Infrastructure Partners (www.quinbrook.com) is a specialist investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management in the U.S., U.K. and Australia. Quinbrook Welcomed Bipartisan US Congressional Delegations to its The members of the Congressional delegations that visited Flexitricity included: 1Scottish Financial News, Quinbrook acquires Edinburgh-based Flexitricity (15 September 2020), 2As at 30 September 2021, based on Flexitricitys contracted portfolio of 595.5 MW and an additional 300 MW from Velox Power, 3HM Government, Net Zero Strategy: Build Back Greener (October 2021), 4As at September 2021 based on Bloomberg NEF data, 7Green Tech Media, Trump Administration Approves $1B Gemini Solar Project in Nevada Desert (11 May 2020), 9As demonstrated under the Quinbrook Low Carbon Power Fund as at 30 June 2021, 10Scottish Financial News, Quinbrook acquires Edinburgh-based Flexitricity (15 September 2020). By using our site, you consent to cookies. The company also acquired Flexitricity, among the first of a group of demand-response operators in Great Britain. LONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners ("Quinbrook"), a specialist global investment manager focused exclusively on renewables, storage and grid support infrastructure, announced today that it has acquired Habitat Energy Limited, a UK-based optimisation and trading platform for grid-scale battery storage. Quinbrooks global investment and portfolio company teams are actively developing and constructing a portfolio exceeding 6GW of onshore wind, solar PV, reserve peaking power, battery storage projects, grid support infrastructure, Virtual Power Plants and Community Energy Networks across the U.S., U.K. and Australia. You can learn more about this in our cookie policy and privacy policy pages. We believe Habitat is truly ahead of the game in devising state of the art methods at the leading edge of data science combined with the power markets know-how to maintain competitive edge. Constantly monitoring and gathering data helps us understand the situation on the ground from anywhere in the world. As the UKs energy system undergoes a transformational shift to scale up its reliance on renewable energy to meet its net zero goals, its critical that this rapid energy transition is delivered without disruption to energy security and reliability. Gore Street Capital Case Study - Quinbrook The team has demonstrated innovative capability and will be a force in shaping the market landscape from here with Quinbrooks backing. Gore Street Capital intends to lead the way and is planning on developing more and larger battery storage projects. Quinbrook currently manages Energy Locals, a non-traditional electricity retailer providing businesses with the tools to set up their own energy plan, with over half the profits going to charities and creating clean energy. Quinbrook acquires Edinburgh-based Flexitricity. These are just some examples of Quinbrooks commitment to investing in impactful new infrastructure and advanced technology solutions to affordably and sustainably support a global shift to alternative energy adoption and sustainable consumption. The UKs net zero carbon legal obligation, combined with National Grid ESOs projections for transformation across electricity, heat and transport, put Flexitricitys capabilities and technology at the centre of a clean, secure, affordable and equitable energy system. Flexitricity is a portfolio company of Quinbrook Infrastructure Partners. Quinbrook Infrastructure Partners is a specialist value add investment manager that originates, acquires, constructs, operates and manages, direct investments in lower carbon and renewable energy infrastructure assets and businesses. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested over U.S.$8 billion of equity in energy infrastructure assets since the early 1990's, representing a total enterprise value of U.S.$28.7 billion or 19.5 GW of power supply capacity. Flexitricity is a portfolio company of Quinbrook Infrastructure Partners. The company now has a virtual power plant of over 540MW of flexibility under management. Leveraging the latest technologies, we can view all our sites from a range of devices, including mobile, helping us to react quickly and optimise our portfolio. Flexitricity is a portfolio company of Quinbrook Infrastructure Partners. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested over U.S.$8 billion of equity in energy infrastructure assets since the early 1990's, representing a total enterprise value of U.S.$28.7 billion or 19.5GW of power supply capacity. 1 Scottish Financial News, Quinbrook acquires Edinburgh-based Flexitricity (15 September 2020), 2 As at 30 September 2021, based on Flexitricitys contracted portfolio of 595.5 MW and an additional 300 MW from Velox Power, 3 HM Government, Net Zero Strategy: Build Back Greener (October 2021), 4 As at September 2021 based on Bloomberg NEF data, 7 Green Tech Media, Trump Administration Approves $1B Gemini Solar Project in Nevada Desert (11 May 2020), 9 As demonstrated under the Quinbrook Low Carbon Power Fund as at 30 June 2021, 10 Scottish Financial News, Quinbrook acquires Edinburgh-based Flexitricity (15 September 2020), Media: Once converted, these project sites are expected to deliver measurable benefits to local communities and distributed power networks, further improving grid stability and reliability Quinbrook plans to commit significant capital to the U.K. energy sector over the coming years, using its experience from prior investments in the U.S. and Australia spanning utility and distributed scale solar and battery storage, Virtual Power Plants and Community Energy Networks to develop and construct innovative and impactful infrastructure designed to aid the U.K. economic recovery. com Investor Relations Flexitricity on LinkedIn: Quinbrook Welcomes Bipartisan US 1 Scottish Financial News, "Quinbrook acquires Edinburgh-based Flexitricity" (15 September 2020). Last year, the U.K. government became the first major economy in the world to pass laws aimed at ending its contribution to global warming by 2050. Habitats top performing asset ranked #1 in Revenue earned per MW in the 12 months to September 2021. Flexitricity Ross Henderson / ross@mediazoo.tv / 0141 471 8399. Flexitricity is the pioneer of customer-side flexibility in the GB electricity market, with over 12 years of operational experience and 540MW of flexible capacity under management from its 24-hour control room in Edinburgh. We are always interested in hearing from skilled engineers so dont hesitate to reach out for an informal chat or check our careers page for the latest vacancies. Generation - Flexitricity Quinbrook is not a paid subscriber to ESG Investing nor did it pay as a condition of eligibility. +1 (212) 446-1866. Flexible energy solutions are an essential element of the UKs changing energy mix and is a key component of Quinbrooks efforts to support the UK governments 2035 Net Zero electricity target3 through investments in smarter, more resilient and flexible power management systems that enables increased reliability on variable renewable energy.
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