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Lockyer Energy
Quinbrook currently manages Lockyer Energy, a 120MW battery and gas electricity firming project which is designed to help facilitate the transition of Queensland’s energy system away from coal.
Investment Fund of the Year ESG Investing Awards 2021
Awarded February 2021, the only winner among more than 90 finalists in 17 investment fund categories. The award is not indicative of future performance. Quinbrook is not a paid subscriber to ESG Investing nor did it pay as a condition of eligibility. ESG Investing awards are made based on nominations by market participants, including Quinbrook, and assessed by a panel of independent judges comprising financial market professionals, academics and independent experts.
About Lockyer Energy
Lockyer Energy is designed to help facilitate a transition of Queensland’s energy system away from coal by providing “firming” power to provide energy when wind or solar power is not available. Using batteries, Lockyer Energy’s project is intended to harvest and store energy from the grid during periods of high generation from solar and wind farms. In combination with gas turbines, this energy will then be used to provide power during peak periods or when power from wind and solar is not available. The site is strategically located north of Gatton in South East Queensland’s Lockyer Valley, where more than 60% of the state’s load is located.
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