Energy intensive industry such as hyperscale data centres and industrial manufacturing hubs, require long-term, reliable and competitively-priced renewables to both power and decarbonise their operations.
The industry sector made up nearly
40%
of total growth in electricity demand in 2024. Electricity use in industry grew by nearly 4% in 2024, driven by increased activity in electro intensive manufacturing and industrial growth more broadly1
Global renewable PPAs grew
35%
to 69 GW in 2024, driven by data centres signing the majority of contracts — including 15 GW from major tech firms — alongside ~9 GW from manufacturing, ~6 GW from services, and significant demand from mining2
Delivering mega-scale hybrid renewables and storage projects that offer compelling solutions for energy-intensive industry is constantly challenged by the need to secure high-quality sites in proximity to customers’ facilities that also feature available and timely grid access and connection, relative ease of permitting and other available infrastructure such as water, road, port and/or rail logistics. Sites that ‘tick all the boxes’ are scarce in the real world and highly valuable.
Quinbrook specialises in securing site locations that have the necessary fundamentals to create ‘locational competitive advantage’ in developing compelling energy supply solutions for industry customers. Quinbrook and its dedicated portfolio companies identify high value sites tailored to ‘customer centric’ needs such as hyperscale data centre operators whose acute need for ‘powered land’ for new data centre capacity is one of the most dominant thematics in today’s world. Quinbrook also seeks sites in proximity to either established or emerging “industrial precincts” where clusters of energy-intensive facilities require large volumes of cost-competitive renewables.
Quinbrook sponsors the development of these high value sites by securing land, permits, and developing the energy supply solutions ahead of partnering with suitable industrial operators who then become long-term offtakers for Quinbrook’s projects. Quinbrook therefore aims to create compelling opportunities for its industry partners through attractive power supply arrangements, while also capitalising on the scarcity and strategic importance of these sites through the commercial terms negotiated for the benefit of investors.
1 IEA Global Energy Review, 2025
2 Sidebar 7, GLOBAL STATUS REPORT 2025, Global Overview
Source: Renewable Capacity Highlights, IRENA, March 2024