The Game-Changing Partnership Between Triple Point and Noriker Power

The UK and Republic of Ireland are on the cusp of a significant breakthrough in their transition to clean and secure energy systems, thanks to a groundbreaking partnership between Triple Point and Noriker Power. The two companies have joined forces to create a debt facility that will support the deployment of cutting-edge energy infrastructure, marking a major milestone in their shared vision for a sustainable future. ### Key Highlights

£1.5 billion debt facility for Noriker Power’s advanced development pipeline
Supports key equipment funding for Noriker Power’s ready-to-build assets
Enables deployment of some of the largest battery storage projects on the respective energy grids
Reinforces Triple Point’s position as a leading provider of debt capital for the UK energy transition

This partnership is a testament to the growing recognition of the importance of clean energy in the UK and Ireland. As the two countries continue to navigate the challenges and opportunities presented by the energy transition, innovative partnerships like this one are helping to drive progress and support the development of critical infrastructure. ### The Visionary Partnership
Triple Point and Noriker Power have been working together for some time, with Noriker Power having been at the forefront of BESS (Battery Energy Storage Systems) development in the UK since 2015. The company has developed and built over 350 MW of utility-scale battery storage and hybrid energy facilities, playing a vital role in supporting the UK grid. “We are delighted to be working with an investment partner that shares our long-term vision for a clean energy future,” said Dr. Marc Thomas, Managing Director at Noriker Power. “This facility is a major milestone for our business and a strong vote of confidence in our development pipeline. The backing from Triple Point enables us to move quickly on some of the most advanced battery storage projects in the UK and Ireland.”
### A Commitment to the Energy Transition
The debt facility will support Noriker Power’s advanced development pipeline, including the funding of key equipment on a number of Noriker Power’s ready-to-build assets. This will enable the deployment of some of the largest battery storage projects on the respective energy grids, helping to balance the grid and unlock more renewable energy.

“As a purpose-led investor, our focus is on high-impact projects that are essential to enabling a more flexible, resilient, and decarbonised energy system,”

said Jessica Fisher, Investment Director at Triple Point.

“We are proud to support Noriker Power in accelerating the deployment of critical battery storage infrastructure across the UK and Ireland. This partnership reflects our commitment to financing the energy transition and delivering sustainable outcomes for communities and investors alike.”

### A Proven Track Record
Triple Point has an established track record of originating unique debt financing for energy transition asset developers that support the renewable energy integration across the UK. The company has now originated financing for the development of over 17.7 GW of UK BESS and solar assets, reinforcing its position as a leading provider of debt capital for the UK energy transition. ### Conclusion
The partnership between Triple Point and Noriker Power represents a significant milestone in the UK and Ireland’s transition to clean and secure energy systems. With the debt facility in place, the two companies will be able to accelerate the deployment of critical battery storage infrastructure, helping to support the growth of renewable energy and reduce carbon emissions. As the energy landscape continues to evolve, innovative partnerships like this one will be essential in driving progress and supporting the development of critical infrastructure.