Flexitricity
Sector
Flexibility, Firming and Grid Support
Status
Exited
First Investment
2020
Region
UK/Ireland
Flexitricity is a next-generation flexible energy platform, utilising AI to optimise and dispatch a portfolio of energy storage, flexible generation and load.
In 2026, Quinbrook exited Flexitricity’s energy optimisation business through a sale to Drax Smart Generation HoldCo Limited, a subsidiary of Drax Group plc. Acquired by Quinbrook in 2020, Quinbrook invested in Flexitricity’s growth, more than doubling its contracted portfolio of flexible energy assets from 540 MW to c. 1.3 GW of distributed capacity including battery storage, industrial demand response, and flexible generation. From its 24/7 control room in Edinburgh, Flexitricity uses data science-powered optimisation tools and real-time trading to manage customer assets across the UK, including the National Energy System Operator (NESO) to balance the energy system.