Deals Counterparts

Quinbrook Infrastructure Partners Raises $3 Billion for Net Zero Power Fund

Financing Renewable Energy announced US Aug 1, 2024
USD3B
Deal Value

Quinbrook Infrastructure Partners has successfully closed its Net Zero Power Fund, securing $3 billion in capital commitments from a diverse group of institutional investors across the US, Canada, Australia, UK, Sweden, Norway, Finland, and the EU. This financing will support the fund's strategy of investing in large-scale solar+storage, sustainable infrastructure for hyperscale data centers, renewable fuels production, synchronous condensers for grid support, and contracted battery storage projects. The oversubscribed fund demonstrates strong investor confidence in Quinbrook's differentiated approach to energy transition infrastructure.

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Deal Analysis

Quinbrook Infrastructure Partners, the London-headquartered specialist in lower carbon infrastructure, just closed its Net Zero Power Fund, securing $3 billion from a diverse global investor base. This oversubscribed fund will deploy capital into a range of US-based energy transition assets, from large-scale solar-plus-storage to sustainable infrastructure for hyperscale data centers and critical grid support like synchronous condensers. The successful raise highlights strong investor confidence in Quinbrook's differentiated approach, pushing the firm's total assets under management beyond $5 billion since its 2016 founding. Their focus on innovative projects, including renewable fuels production and contracted battery storage, positions them to accelerate the shift to cleaner energy.
  • $3 billion raised for Net Zero Power Fund
  • Oversubscribed fund attracted investors from 8+ regions globally
  • Quinbrook's AUM now exceeds $5 billion
  • Fund targets diverse assets including synchronous condensers and hyperscale data center infrastructure

Timeline

Announced
Aug 1, 2024
Signed
Closed

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