Quinbrook Moves into Renewable Fuels Acquires US biogas company, Purpose Energy
New York, NY – April 12, 2023 – Quinbrook Infrastructure Partners (“Quinbrook”), a specialist investment manager focused exclusively on the infrastructure needed to drive the energy transition, is pleased to announce its acquisition of PurposeEnergy. An established US-based renewable fuels and biogas specialist, PurposeEnergy is focused on waste solutions for the food and beverage industries. Over the last 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”).
“For more than a decade, PurposeEnergy has demonstrated technical and operational excellence in treating process wastewater and organic residuals for industrial food and beverage producers. The investment by Quinbrook will greatly expand our ability to identify, finance, build and operate new projects, helping our customers achieve their ESG goals while conserving capital to invest in their core businesses”