Ecuity appointed to support BEIS Heat Networks Investment Project
On 15th October 2018 BEIS launched the Heat Networks Investment Project (HNIP), announcing Triple Point Heat Networks Investment Management as Delivery Partner. Ecuity Consulting LLP is delighted to be confirmed as a key part of the Delivery Partner Team providing stakeholder management services.
Commenting on the announcement, James Higgins, Partner at Ecuity Consulting LLP stated:
“Ecuity are delighted to be in charge of stakeholder engagement as part of the delivery partner team. Our experience of the heat network sector is based on working collaboratively with industry and policymakers to ensure effective communication between key stakeholders over multiple projects. We look forward to the organisation of stakeholder events across the country and dissemination of scheme information into the marketplace.”
About the Heat Networks Investment Project
The Department for Business, Energy and Industrial Strategy (BEIS) has today launched the Heat Networks Investment Project (HNIP) – a major Government project which will invest £320m of capital funding in heat network projects. This investment is offered as ‘gap funding’ through a combination of grants and loans which will be offered to eligible projects from April 2019. The scheme will be open for applications for a period of up to three years.
Funding offered through HNIP seeks to leverage around £1bn of private sector and other investment to support the commercialisation and construction of heat networks. This together with the Government’s investment will deliver a step change in the development of the heat networks market. The aims are to deliver carbon savings, drive down infrastructure costs, reduce consumers’ energy bills, improve skills and capability and demonstrate to the investment community that heat networks are a viable investment proposition in the UK.
To find out more about the scheme and read the latest scheme publications visit https://www.gov.uk/government/publications/heat-networks-investment-project-hnip-scheme-overview
A link to our press release which introduces Triple Point Heat Networks Investment Management and the organisations involved in the delivery of the Heat Networks Investment Project: https://tp-heatnetworks.org/wp-content/uploads/2018/10/hnip-launch_tp-heat-networks-press-release_161018_final.pdf
The BEIS publication can be read in full: Heat Networks Investment Project (HNIP): introduction to the scheme
About Triple Point Heat Networks Investment Management
Triple Point Heat Networks Investment Management will act as the Delivery Partner responsible for deployment of up to £320m of Government support which in turn should leverage around £1bn of private and other capital, supporting the growth of the heat networks market in the UK.
Led by Triple Point, the Delivery Partner is formed of a number of professional firms with demonstrable track record of engaging with investors and supporting project developers to deliver a wide range of infrastructure projects. The Delivery Partner is comprised of the following organisations: Triple Point Investment Management LLP, AECOM, Amberside Advisors Ltd, BDO LLP, Ecuity Consulting LLP, Gemserv and Lux Nova Partners Ltd.
For more information about Triple Point Heat Networks Investment Management visit www.tp-heatnetworks.org
Ecuity is a specialist consultancy focused on sustainable energy policy. We are experts in stakeholder engagement and communication operating at the intersection of business, regulation and economics.
Operating nationally and internationally, Ecuity has supported over 100 organisations across the past five years, assisting with understanding of the energy policy landscape and shaping of messages to key stakeholders.