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Triple Point appointed as delivery partner for next phase of the Green Heat Network Fund
The appointment, subject to contract, follows a robust and competitive selection process and cements Triple Point’s partnership with schemes backed by successive Governments which will now stretch to 12 years
Triple Point appoints Rachel Perini as Institutional Sales Director
New role further strengthens Triple Point’s relationships with institutional investors, family offices and global consultants, bringing to the fore Triple Point’s specialist and purpose driven private markets capabilities
Triple Point appointed as delivery partner for next phase of the Green Heat Network Fund
The appointment, subject to contract, follows a robust and competitive selection process and cements Triple Point’s partnership with schemes backed by successive Governments which will now stretch to 12 years
Triple Point appoints Rachel Perini as Institutional Sales Director
New role further strengthens Triple Point’s relationships with institutional investors, family offices and global consultants, bringing to the fore Triple Point’s specialist and purpose driven private markets capabilities
“The heat network sector has the potential to crowd in £100 billion between now and 2050, while delivering on the UK’s economic growth ambitions. Our market-making experience alongside government makes us uniquely positioned to deliver compelling investment opportunities in the sector.”
Ken Hunnisett
Head of Clean Heat
Establishing the UK as a leader in clean heat
We combine our clean heat experience with a unique understanding of the sector to make heating sustainable, affordable and reliable. We’re more than a funding provider. We’re connecting the dots by working in close partnership with private stakeholders, developers and government to deliver a self-sustaining and transformed heat energy market.
Invested in clean heating and cooling infrastructure
Heat networks are one of the most reliable and cost-effective ways to decarbonise buildings. Supportive regulatory and policy changes are creating more opportunities for the clean heat sector to deliver good investment outcomes for investors than ever before.
We’ve been the UK Government’s trusted partner since 2018
Since 2018, we’ve been working in partnership with the Department for Energy Security and Net Zero to advance low-carbon heat networks across England — a collaboration set to span 12 years.
0 Gwh
Annual heat delivered
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Homes connected to heat networks
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tCO2e savings
TIMELINE
Our journey with Government
2018
Triple Point were appointed by the Department for Business, Energy and Industrial Strategy (BEIS) to manage its £320 million investment programme supporting energy-efficient heat networks
2022
Green Heat Network Fund (GHNF) awarded £288 million
Triple Point selected as Delivery Partner for Next Phase of the Green Heat Network Fund continuing a partnership that will now stretch 12 years dedicated to advancing low-carbon heat networks across England
CASE STUDIES
Proud of the projects we help deliver
£2.9m
Awarded to connect social housing properties in Gateshead
Gateshead Council
Awarded £2.9m from HNIP to extend the initial Gateshead District Energy Scheme, allowing for further connections to social housing properties.
£745,000
Awarded to support family housing in Suffolk
Chilton Woods, Suffolk
Heat network owners were awarded £745,000 in construction funding to support a new heat network serving a family housing development in Suffolk. Heat is now being delivered to the first homes on the Westland Heath development site and will eventually expand to serve 950 homes as part of the first phase.
£20m+
Funded to deliver low carbon heating and hot water across Bradford
Bradford Energy Network
1Energy Group has received over £20 million of funding for the commercialisation and construction of the Bradford Energy network, a city-wide heat network supplied by large Air Source Heat Pumps (ASHP). This will deliver low carbon heating and hot water to residential connections and 34 non-domestic buildings, including many of the iconic heritage buildings across the city.
£14m+
Funded for Brent Cross Town’s heat network
Brent Cross
GHNF awarded £14 million of construction and commercialisation funding for Brent Cross Town’s heat network, supporting the project to become net zero carbon by 2030. Low carbon heat will be generated through a fully electric energy centre and supplied to all 6,700 residential properties, and commercial and leisure buildings.
Approach to Sustainability
Our clean heat investments support the UK’s net zero ambitions while aligning with our broader ESG strategy. We manage sustainability risks and opportunities through active stewardship and transparent reporting.
Our multi-disciplinary Clean Heat team has worked alongside policy makers, civil servants, developers and manufacturers while investing in more than 100 of the UK’s most impactful low and zero carbon heat network projects. Together, we’re professionalising a sector set for extraordinary growth.
