NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY OFFER TO PURCHASE OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES IN TRIPLE POINT ENERGY TRANSITION  PLC NOR SHALL IT FORM THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER.

28 October 2022

Triple Point Energy Transition plc

("TENT" or the "Company")

Migration to Trading on the Premium Segment of the Main Market of the London Stock Exchange and Admission to the Premium Listing Segment of the Official List of the FCA

Further to its announcement on 24 October 2022, the Board of Triple Point Energy Transition plc is pleased to announce that the Ordinary Shares of the Company have been admitted to the premium listing segment of the Official List of the Financial Conduct Authority and have been admitted to trading on the Premium Segment of the Main Market of London Stock Exchange plc, with effect from 8.00am this morning.

Dr John Roberts CBE, Chair of Triple Point Energy Transition plc, commented:

"The Board is delighted that the Company's shares have been admitted to the Official List and to trading on the Premium Segment of the London Stock Exchange. We believe the move will raise TENT's profile as an investment company and help provide access to the Company's shares from a broader group of investors. In addition, admission to the Premium Listing Segment is a key criteria to facilitate the Company's inclusion in the FTSE indices. We anticipate that the combination of these factors should help to increase the diversity of the shareholder base and improve liquidity, to the benefit of shareholders."

   FOR FURTHER INFORMATION

LEI: 213800UDP142E67X9X28

NOTES TO EDITORS:

The Company is an investment trust which aims to have a positive environmental impact by investing in assets that support the transition to a lower carbon, more efficient energy system and help the UK achieve Net Zero.

Since its IPO in October 2020, the Company has made the following investments and commitments:

·    Harvest and Glasshouse: provision of £21m of senior debt finance to two established combined heat and power ("CHP") assets, located on the Isle of Wight,  supplying heat, electricity and carbon dioxide to the UK's largest tomato grower, APS Salads ("APS") - March 2021

·    Spark Steam: provision of £8m of senior debt finance to an established CHP asset in Teeside supplying APS, as well as a further power purchase agreement through a private wire arrangement with another food manufacturer - June 2021

·    Hydroelectric Portfolio (1): acquisition of six operational, Feed in Tariff ("FiT") accredited, "run of the river" hydroelectric power projects in Scotland, with total installed capacity of 4.1MW, for an aggregate consideration of £26.6m (excluding costs) - November 2021

·    Hydroelectric Portfolio (2): acquisition of a further three operational, FiT accredited, "run of the river" hydroelectric power projects in Scotland, with total installed capacity of 2.5MW, for an aggregate consideration of £19.6m (excluding costs) - December 2021

·    BESS Portfolio: provision of a debt facility of £45.6m to a subsidiary of Virmati Energy Ltd (trading as "Field"), for the purposes of building a portfolio of four geographically diverse Battery Energy Storage System ("BESS") assets in the UK with a total capacity of 110MW - March 2022

·    Energy Efficient Lighting: Commitment to fund £1m to a lighting solutions provider to install efficient lighting and controls at a leading logistics company - June 2022

The Investment Manager is Triple Point Investment Management LLP ("Triple Point") which is authorised and regulated by the Financial Conduct Authority. Triple Point manages private, institutional, and public capital.

The Company was admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange on 19 October 2020 and was awarded the London Stock Exchange's Green Economy Mark. It was admitted to the premium listing segment of the Official List of the Financial Conduct Authority and migrated to trading on the premium segment of the Main Market on 28 October 2022.

For more information, please visit http://www.tpenergytransition.com/

IMPORTANT INFORMATION

Each of Akur Limited ("Akur")  (which is regulated in the  UK  by the FCA) and J.P. Morgan Securities plc (which conducts its UK investment banking activities as "J.P. Morgan Cazenove") (which is authorised by the Prudential Regulation Authority (the "PRA) and regulated in the  UK  by the FCA and the PRA), is acting exclusively for the Company and for no‐one else in connection with the Migration and other matters described in this announcement and will not regard any other person as its client in relation thereto and will not be responsible to anyone for providing the protections afforded to its clients or providing any advice in relation to the matters described herein. Neither Akur nor J.P. Morgan Cazenove, nor any of their respective directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for this announcement, its contents or otherwise in connection with it or any other information relating to the Company, whether written, oral or in a visual or electronic format.