Triple Point Energy Efficiency Infrastructure Company plc’s £21 Million Senior Debt Finance Into Harvest And Glasshouse

Gowling WLG has advised Triple Point Energy Efficiency Infrastructure Company plc on the deal.

Triple Point Energy Efficiency Infrastructure Company plc (TEEC) completed £21 million of senior debt finance into Harvest and Glasshouse.

TEEC invests in UK institutional-grade energy efficiency infrastructure assets which will result in better productivity, lower greenhouse gas emissions, and will target an attractive, long-term income source for investors with a positive impact.

Harvest Generation Services Limited and Glasshouse Generation Limited are energy generation companies which hold operational energy centres on the Isle of Wight, supplying heat, electricity and carbon dioxide to APS Salads, the UK’s largest tomato grower.

The Gowling WLG team was led by Head of UK Project Finance Nath Curtis (Picture) and Principal Associate Sophie Coggen, assisted by banking, real estate and energy lawyers who advised on the legal due diligence, financing documentation and unwind of the previous financing structure.

 

Involved fees earner: Sophie Coggan – Gowling WLG; Nath Curtis – Gowling WLG;

Law Firms: Gowling WLG;

Clients: Triple Point Energy Efficiency Infrastructure Company plc;

Author: Federica Tiefenthaler