Quinbrook’s Supernode Stage 3 Battery Storage Project Secures Deutsche Bank Backing

Quinbrook’s Supernode Stage 3 Battery Storage Project Secures Deutsche Bank Backing

(IN BRIEF) Deutsche Bank has committed AUD 85 million as an Original Lender in the financing of Quinbrook’s Supernode Stage 3 Battery Energy Storage System in Queensland, Australia. The commitment forms part of a broader AUD 469 million senior secured, non-recourse financing package supporting construction and operation of the asset. The project forms part of Quinbrook’s flagship Supernode battery storage precinct, which will have a combined capacity of 780 MW / 3,074 MWh once the first three stages are completed. The project is expected to strengthen grid stability, support Queensland’s energy transition and provide stored energy sufficient for around 188,000 typical Queensland households.

(PRESS RELEASE) FRANKFURT, 5-Aug-2026 — /EuropaWire/ — Deutsche Bank has committed AUD 85 million as an Original Lender in the financing of Quinbrook’s Supernode Stage 3 Battery Energy Storage System in Queensland, Australia.

The commitment supports the development of one of Australia’s largest battery storage precincts and forms part of a wider AUD 469 million senior secured, non-recourse financing package for the project.

The financing will support the construction and operation of the Supernode Stage 3 Battery Energy Storage System, known as BESS.

The project is expected to play an important role in strengthening grid stability and supporting Queensland’s transition away from emissions-intensive sources of power.

Rachel Chia, Head of Project Finance, APAC at Deutsche Bank, said the bank is pleased to continue its partnership with Quinbrook through the financing of Supernode 3.

She said the transaction marks the second collaboration between Deutsche Bank and Quinbrook and further strengthens their work across the Supernode platform.

Chia added that Deutsche Bank is proud to act as a key financing partner to Quinbrook as it delivers energy infrastructure designed to support Queensland’s energy transition and long-term economic growth.

Deutsche Bank has broad experience supporting energy, infrastructure and renewable energy clients across Australia and the wider Asia-Pacific region.

The bank said it continues to support projects that enhance energy security, strengthen network reliability and contribute to Australia’s energy transition.

Quinbrook is a specialist investment manager established in 2015.

The firm focuses on the development, financing, construction and operation of infrastructure assets that support the global energy transition.

Quinbrook has built or acquired more than 40 GW of capacity across renewable energy generation, battery storage and flexible power infrastructure assets.

The Supernode Stage 3 BESS forms part of Quinbrook’s flagship Supernode battery storage precinct.

Once the first three stages are completed, the precinct will have a combined nameplate capacity of 780 MW / 3,074 MWh.

This stored energy capacity is expected to be sufficient to meet the needs of approximately 188,000 typical Queensland households.

Through its AUD 85 million commitment, Deutsche Bank is supporting large-scale battery storage infrastructure that is intended to improve grid reliability, enable renewable energy integration and contribute to the broader energy transition in Queensland.

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SOURCE: Deutsche Bank