|Triple Point Energy Efficiency Infrastructure Company plc (“TEEC”)|
|Deal:||IPO, raising £100m on the London Stock Exchange|
|About the client:||
TEEC is a new listed closed-ended fund investing in energy efficiency infrastructure projects in the UK. Energy efficiency as a sector has been underinvested relative to renewable energy funds and this successful IPO seeks to address this imbalance.
TEEC is investing in a range of critical energy efficiency projects across the UK including low carbon heat networks, the retrofit of social housing assets, and distributed generation.
|About the transaction:||Akur acted as exclusive independent financial adviser to TEEC on its successful IPO Jonathan Parr, Partner at Triple Point said: “From origination through structuring, and to completion, Akur has worked very closely with the team in delivering this milestone IPO, Akur was a key part of the process to unlock this transformational project.”|