Quinbrook Infrastructure Partners is understood to be working with a pair of advisors on the upcoming sale of UK-based energy trading and optimisation company Habitat Energy, which is also active in the US and Australia.

NPM reported last week that Quinbrook was lining up the sale of the business and it has since emerged that the group is working with JLL and Boston Consulting Group on the transaction, according to market sources.

Founded in Oxford in 2017, Habitat offers AI-driven trading, forecasting, risk management and optimisation services for battery storage and renewable energy assets.

The investor is projected to start sounding out the market over the coming weeks.

Habitat specialises in optimising battery storage and renewable energy assets by combining advanced algorithmic forecasting, machine learning and in-house trading to maximise revenue and asset performance in energy markets.

It provides fully integrated end-to-end services for battery storage, renewable generation and co-located systems through its proprietary EVOLVE platform, helping asset owners participate efficiently across multiple electricity markets.

Habitat announced its first US co-located solar+storage partnership on March 4, working with Birch Creek to co-optimize its solar and battery operations on its Honeycomb project in Bee County, Texas.

Quinbrook’s decision to sell the business comes shortly after it divested flexible asset aggregator Flexitricity to Drax in January.

Quinbrook did not respond to a request for comment.

*This story was originally published exclusively for NPM Europe subscribers.