Quinbrook Infrastructure Partners, a clean energy investment manager that launched in July 2015, has bulked up its senior team with four hires in Houston and London.
The new team members will manage Quinbrook’s US and UK offices, which opened in March, in another step towards shaping up an investment company that will focus on 'value-add' low-carbon infrastructure opportunities. The Australia-based firm was founded by David Scaysbrook and Rory Quinlan, who left the clean energy platform of Swiss-based Capital Dynamics last summer and previously managed renewables company Novera Energy.
“We are very fortunate to have two of the most seasoned power investment professionals in the market leading our North American business,” Scaysbrook said of new hires Shawn Cumberland and Jeff Hunter. Cumberland joins Quinbrook as senior managing director of the firm’s US business, while Hunter was hired as a managing director. The two will lead North American investment origination and deal structuring from Quinbrook’s Houston office.
Cumberland previously managed Arctas Capital, an energy developer he co-founded in 2003 that recently completed the first stage of the 600MW Mariah North wind project in Texas. Hunter currently serves on the Texas Transmission Holdings board of directors, a major shareholder in Texas’ largest transmission system.
“The US market is going to be such a significant market for us,” Scaysbrook added. “We wanted to team with people who had the same kind of pedigree that we had, going back to decades-old experience in independent power investment.”
Also joining Quinbrook are Mark Burrows and Mark Fulton, who are both based in London. Burrows, previously head of institutional capital at Foresight Group, is now managing investor relations at the Australian firm. Fulton, an economist and market strategist, will chair the company’s advisory board.
Quinlan said Quinbrook is “delighted to have attracted Mark Burrows to the firm and have admired his achievements in institutional capital raising for Foresight Group”.
Fulton’s experience with investment risk and opportunities, Scaysbrook said, “places Quinbrook in an ideal position to formulate and execute differentiated strategies in low-carbon infrastructure”.
Scaysbrook says the firm will focus on developing new low-carbon power generation projects in Australia, the US and the UK. It is currently managing the Cap Byron Infrastructure Fund, which has a portfolio of 68MW biomass plants located in Australia, on behalf of a UK institution.