Quinbrook Announces Multiple MD Promotions

Nine Promoted to Managing Director with John Lucas, Keith Gains and Brian Restall Joining Quinbrook’s Investment Committee and Assuming Regional Leadership Responsibility for the US, UK and Australia respectively

New York, London, Brisbane – December 20, 2023 – Quinbrook Infrastructure Partners (‘Quinbrook’), a specialist investment manager focused exclusively on the infrastructure needed to deliver the energy transition, today announced the following Managing Director promotions corresponding with the Company’s new regional leadership model for its global investment and asset management teams:

• John Lucas to Managing Director and Regional Leader for the US
• Keith Gains to Managing Director and Regional Leader for the UK
• Brian Restall to Managing Director and Regional Leader for Australia

In addition to their new regional leadership roles, the trio will join Quinbrook’s Investment Committee. The promotions are effective January 1, 2024.

Additionally, several Senior Directors were promoted to Managing Director as follows:

• Anne Foster-Managing Director and Head of Sustainability and Impact (London)
• Mark Burrows-Managing Director and Head of Capital Formation in Europe (London)
• Matthew Nicklos-Managing Director (Houston)
• Val Angelkov-Managing Director (Houston)
• Mark Breen-Managing Director (Houston)
• Raimund Grube-Managing Director (New York)

“These promotions are a testament to the collective dedication, commitment and specialist talent that these senior professionals have shown over many years in helping Quinbrook achieve outstanding results for our investors. Moreover, their new roles strengthen our senior leadership depth and capability across the globe which will enable us to apply even more specialist regional expertise and investing knowhow as we continue to devise innovative strategies to support the energy transition in the US, UK and Australia. These promotions also mark the ‘passing of the baton’ from Hank Jones to John Lucas to take over leadership of the US investment team. We are all indebted to Hank for his rock solid management of the US team to date which has achieved some incredible milestones on his watch. We are grateful he will remain involved with us going forward. This talented cohort announced today sets a solid platform for our firm as we look to further leverage our track record of having developed and constructed some of the world’s largest renewables, storage and grid stability assets to support the energy transition.”

David Scaysbrook
Managing Partner and Co-Founder

John Lucas will take the reins from Quinbrook’s current US Managing Director Hank Jones, who will assume the new position of Senior Advisor to Quinbrook effective 1 January, 2024. Previously Lucas served as Senior Director of Data Strategies of Quinbrook Infrastructure Partners and Interim Chief Executive Officer of Quinbrook’s portfolio company, Rowan Digital Infrastructure. In this role, he played a pivotal role in guiding the firm’s green data center solutions, primarily focusing on the previously announced Rowan venture in the US and Quinbrook’s ‘mega-scale’ green data center campus in advanced development in Australia. Before joining Quinbrook, Lucas served as the Head of Renewables and Energy Procurement at Amazon Web Services (“AWS”), where he oversaw AWS’s renewable power procurement efforts across the Americas. In 2021 alone, Lucas managed the AWS team that committed to over 6.2GW of new renewables PPAs, more than any other global corporation. Prior to AWS, he held energy procurement roles at Facebook and traded energy and power at Morgan Stanley, Puget Sound Energy and Shell.

Keith Gains appointment to Managing Director and Regional Leader for the UK reflects over 17 years in clean energy investing and comes on the heels of the final close of Quinbrook’s UK-focused Renewables Impact Fund, which raised £620 million – exceeding the fund’s initial £500 million target. Prior to joining Quinbrook in 2017, Gains spent seven years at Capital Dynamics, where he was Vice President of the Clean Energy Infrastructure team. In this role, he sat on a number of portfolio company boards and was responsible for sourcing, negotiating and executing transactions across a wide range of energy technologies totaling more than $400 million and arranging for the refinancing of a portfolio of wind assets with a long-term project finance facility of $100 million. Earlier in his career, Gains spent seven years working with the Quinbrook founders at Novera Energy PLC and was instrumental in the growth of Novera Energy before its acquisition by Infinis in 2010.

Brian Restall joined Quinbrook in 2016 after serving as the Chief Executive Officer (CEO) of Cape Byron Power, a portfolio company now managed by Quinbrook and previously managed by Capital Dynamics. With over 22 years of experience in making and managing energy-related infrastructure investments in Australia, the US, Europe and Africa, Restall has held various responsibilities at Quinbrook. These include managing the company’s energy storage and Australian data storage strategies, and leading the PPA negotiations, design and development of the $1.2 billion Gemini project, which is currently the largest solar + storage project under construction in the US. Earlier in his career, Restall was a Senior Business Development Manager at EnergyAustralia and held roles at Drax Group, Shell, InterGen and Fluor Daniel.

About Quinbrook

Quinbrook Infrastructure Partners (http://www.quinbrook.com) is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure needed to drive the energy transition in the US, UK and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.USD 8.2 billion of equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.USD 28.7 billion or 19.5 GW of power supply capacity. Quinbrook has completed a diverse range of direct investments in both utility and distributed scale onshore wind and solar power, battery storage, reserve peaking capacity, biomass, fugitive methane recovery, hydro and flexible energy management solutions in the US, UK, and Australia. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects ever undertaken in the US, UK, and Australia.

Media Contact:

Jennifer Pflieger

[email protected]

+1 (212) 446-1866