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Transactions - NOVEMBER 29, 2022

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Quinbrook to provide critical grid services to bolster U.K. power system

by Kali Persall

Quinbrook Infrastructure Partners has been awarded additional contracts by National Grid ESO, the electricity system operator of the United Kingdom, for two new synchronous condensers in phase 3 of the Stability Pathfinder Programme.

Quinbrook’s new synchronous condensers will provide critical grid support services, enabling the safe and stable addition of more renewable energy to the U.K. power system.

“We view the U.K.’s electricity sector and its ‘net-zero’ ambitions as a highly attractive infrastructure investment opportunity,” said Rory Quinlan, co-founder and managing partner at Quinbrook. “We are investing in the next generation of critical infrastructure that directly addresses the real-world challenges posed by the energy transition as renewable energy continues to expand in the U.K.”

Quinbrook and its development partner, Welsh Power, have been working on these two new projects (respectively located near Ashford and north of Cardiff), k

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