About This Fund
Quinbrook Valley of Fire Fund is a buyout continuation fund managed by Quinbrook Infrastructure Partners. The Fund is a continuation of the large scale solar+storage strategy of Quinbrook’s Low Carbon Power Fund (“LCPF”) which held its final closing in 2019. The Quinbrook Valley of Fire Fund is focused on acquiring and developing large scale solar + storage projects. The Fund acquired a 51% stake in the Gemini Solar + Storage project and 100% of the remaining Valley of Fire project development portfolio. This includes seven projects totaling over 2.65GW of solar PV capacity, with the potential to add a further 1.5GW of battery storage capacity. These projects span across Nevada, Colorado, and Arizona. The Fund is targeting investments in renewable energy project development and new asset creation, with a focus on optimizing returns for investors wanting exposure to the energy transition. The projects are expected to provide primary capital commitments to fund the continued development and construction of large scale solar + storage projects. The lead investor in the Quinbrook Valley of Fire Fund is Blackstone Strategic Partners, and cornerstone investor Ares Management Infrastructure Secondaries funds. The Gemini Solar + Storage project, located just outside of Las Vegas, Nevada, is one of the largest solar + storage projects in the US and is operational under a 25-year off-take contract. This project includes 690 MWac of solar and a 1,416 MWh battery storage facility. The Valley of Fire portfolio is managed by Quinbrook portfolio company, Primergy Solar, and consists of several large scale solar + storage projects. The offtake customer for the Purple Sage Energy Center, one of the projects in the Valley of Fire portfolio, is San Diego Community Power. Overall, the Fund is focused on investing in the infrastructure needed to drive the energy transition, with a particular emphasis on large scale solar + storage projects and the development of renewable energy assets. The Fund has successfully closed with $600 million in capital commitments from leading US and European institutional investors, demonstrating a strong track record in pursuing strategies to enhance value and optimize returns in the energy transition sector. The lead investor in the Quinbrook Valley of Fire Fund is Blackstone Strategic Partners and Ares Management Infrastructure Secondaries funds.