Quinbrook moves into renewable fuels with US acquisition

Large silo that comprises PurposeEnergy's anaerobic digestor (Quinbrook)
PurposeEnergy Anaerobic Digester

Renewables investment firm Quinbrook Infrastructure Partners has acquired US-based biogas specialist PurposeEnergy.

Over the past 15 years, PurposeEnergy has developed, owned and operated multiple projects that convert organic waste streams to biogas for use in industrial processes, conversion to renewable electricity, or refinement to Renewable Natural Gas (RNG).

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Quinbrook managing partner and co-founder David Scaysbrook said, “Quinbrook is excited to be moving into such a high growth and important sector that desperately needs more sustainable solutions that convert organic food waste into renewable power and biogas.

“The demand for renewable fuels is exploding and in PurposeEnergy we have found a highly capable technical and operational team that have been in business over a decade, delivering impactful solutions for customers and the environment.

“Now is the right time for us to scale this business to realise its full potential. PurposeEnergy is a great example of the Quinbrook model for value-add investing.”

Headquartered in New Hampshire, PurposeEnergy uses proven technologies including proprietary methods developed and patented by the company to convert organic waste streams to high value biogas and RNG that is sold to customers under long term contracts.

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PurposeEnergy has developed, designed and built seven projects that support the ESG, business and decarbonisation objectives of some of the largest food and beverage companies in the world. The company currently has one project in construction, two starting construction later this year and additional growth projected from existing and new customers.

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