Noriker Power Ltd and Triple Point announce debt facility

On 17 April 2025, Noriker Power Ltd and Triple Point announced a £15 million debt facility, marking the start of a strategic partnership to accelerate the rollout of advanced BESS projects across the UK and Ireland.

Dr Marc Thomas, Managing Director of Noriker Power, said: "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. These assets are vital to balancing the grid and unlocking more renewable energy. We're delighted to be working with an investment partner that shares our long-term vision for a clean energy future."

Jessica Fisher, Investment Director at Triple Point said: "We are proud to support Noriker Power in accelerating the deployment of critical battery storage infrastructure across the UK and Ireland. 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. This partnership reflects our commitment to financing the energy transition and delivering sustainable outcomes for communities and investors alike."

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, which, once operational, will be some of the largest projects on their respective energy grids.