Deutsche Bank supports Quinbrook’s Supernode Stage 3 Battery Energy Storage System

Deutsche Bank has committed 85 million Australian dollars as an Original Lender in the financing of Quinbrook’s Supernode Stage 3 Battery Energy Storage System (BESS) in Queensland, Australia, further supporting the development of one of the country's largest battery storage precincts.

Deutsche Bank's commitment forms part of the project's 469 million Australian dollar senior secured, non-recourse financing package, supporting the construction and operation of the asset. The project will play an important role in strengthening grid stability and supporting Queensland's transition away from emissions-intensive sources of power.

We are delighted to continue our partnership with Quinbrook through the financing of Supernode 3, marking our second transaction together and further strengthening our collaboration across the Supernode platform. We are proud to be a key financing partner to Quinbrook as it delivers transformative energy infrastructure that supports Queensland’s energy transition and long-term economic growth. Rachel Chia, Head of Project Finance, APAC at Deutsche Bank

Deutsche Bank has broad experience supporting energy, infrastructure and renewable energy clients across Australia and the Asia-Pacific region. The bank continues to support projects that enhance energy security, strengthen network reliability and contribute to Australia's energy transition.