Quinbrook moves into the renewable fuels space via acquisition
In New York, Quinbrook Infrastructure Partners announced the acquisition of PurposeEnergy, a renewable fuels and biogas specialist.
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.
“Quinbrook is really 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,” said Quinbrook’s Managing Partner and Co-Founder David Scaysbrook.
PurposeEnergy utilizes 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.
Category: Fuels
