Source - LSE Regulatory
RNS Number : 8339O
Triple Point Energy Transition PLC
06 October 2023
 

6 October 2023

 

Triple Point Energy Transition plc

("TENT" or the "Company" or, together with its subsidiaries, the "Group")

CAPITAL MARKETS EVENT RECORDING

Triple Point Energy Transition plc (ticker: TENT), the London Stock Exchange listed investment company focused on building a portfolio of diversified infrastructure investments that support the energy transition, is pleased to provide notice that a recording of the Company's recent Capital Markets Event held on 28 September 2023 is now accessible online.

Topics covered during the event include:

-      Overview of TENT and a deep dive on Battery Energy Storage Systems ("BESS") & Hydroelectric portfolios

-      Asset optimisation and value creation levers

-      Organic earnings growth

-      Investment opportunities

 

A full recording of the event is available on both the Company's website and the Company's London Stock Exchange ("LSE") page at the following links:

Website: https://stream.buchanan.uk.com/broadcast/650d651039ad9f961be9d3ac

LSE page:  https://www.londonstockexchange.com/stock/TENT/triple-point-energy-transition-plc/webcasts

 

A copy of the slide deck presented is also available for download on the Company's website here: https://www.tpenergytransition.com/investors/72/

 

For any queries please contact tent@buchanancomms.co.uk.

 

For further information, please contact:

Triple Point Investment Management LLP

Jonathan Hick

Christophe Arnoult

Chloe Smith

 

+44 (0) 20 7201 8989

J.P. Morgan Cazenove (Corporate Broker)

William Simmonds

Jérémie Birnbaum

 

+44 (0) 20 3493 8000

Akur Limited (Financial Adviser)

Tom Frost

Anthony Richardson

Siobhan Sergeant

 

+44 (0) 20 7493 3631

Buchanan (Financial PR)

Helen Tarbet

Henry Wilson

Hannah Ratcliff

Verity Parker

 

+44 (0) 20 7466 5111

 

LEI: 213800UDP142E67X9X28

 

Further information on the Company can be found on its website: http://www.tpenergytransition.com/

 

NOTES:

The Company is an investment trust which aims to invest 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 Teesside 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: commitment to provide a debt facility of £37m 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: Funding of c.£2.2m to a lighting solutions provider to install efficient lighting and controls at a leading logistics company - March 2023

·    Innova: Provision of a £5m short term development financing facility to Innova Renewables, building out a portfolio of Solar and BESS assets across the UK - March 2023

·    Energy Efficient Lighting: Funding of c.£2.3m to Boxed Light Services Limited to refinance efficient lighting and controls installed at Places for People Homes Limited - September 2023

 

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, and has a proven track record of investment in Energy Efficiency and decentralised energy projects.

Following its IPO on 19 October 2020, the Company was admitted to trading on the Premium Segment of the Main Market of the London Stock Exchange on 28 October 2022. The Company was also awarded the London Stock Exchange's Green Economy Mark.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCUVUKROOURRRA
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Triple Point Energy Transition PLC (TENT)

-2.00p (-3.04%)
delayed 13:06PM