Quinbrook Infrastructure Partners has signed sale agreements for its portfolio company, Energy Locals, to a consortium led by Palisade Impact.
As a recognized green energy retailer headquartered in Australia, Energy Locals focuses on delivering carbon-neutral energy solutions, transparency and affordability, according to Quinbrook. Energy Locals unlocks access to energy-efficient infrastructure and advanced technologies for occupants of multi-dwelling properties, making sustainable energy solutions more affordable for residents and businesses.
“We are excited about the opportunity provided by our investment in Energy Locals,” said Steve Gross, co-founder and CEO of Palisade Impact. “It has all the characteristics we look for in a business — environmental impact, a strong management team and robust infrastructure characteristics. We look forward to working with the Energy Locals’ team and clients in continuing to grow the business and ensuring more Australians
