Coronavirus restrictions hampered Triple Point Investment Management's fundraising efforts for its Triple Point Energy Efficiency Infrastructure trust IPO in October, with the inability to meet with new investors preventing the firm from hitting its £200m target, according to the firm’s managing partners.
The impact investor hopes to raise more capital for the trust, which secured £100m at IPO last month, and is banking on drawing greater investor support for the offering once it establishes a track record. Triple Point Energy Efficiency Infrastructure invests in a portfolio of energy efficiency assets, which have a positive environmental impact and that facilitate the transition to a low-carbon economy. It focuses on three areas specifically: low carbon distribution, such as CHP and heat networks; social housing retrofit and industrial energy efficiency, including energy efficiency as...
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