Battery Storage Finances

Deutsche Bank committed $85 million as an Original Lender to the $469 million senior secured, non-recourse financing package for Quinbrook's Stage 3 battery storage project, Quinbrook Supernode, in Queensland, supporting construction and operations. The project reinforces one of Australia's largest battery storage precincts and plays a key role in strengthening grid stability as Queensland transitions away from emissions-intensive power sources.

The deal marks Deutsche Bank's second transaction with Quinbrook on the Supernode platform, building on the bank's broader experience supporting energy and renewable infrastructure clients across Australia and the Asia-Pacific region. The financing directly supports Queensland's long-term economic growth alongside its energy transition goals.

This financing signals that large-scale battery storage precincts are attracting sustained institutional backing to help regions such as Queensland move decisively away from fossil fuel dependence.

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