The Triple Point team will be facilitating and leading the HNIP and GHNF Investment Committee, the body responsible for deploying funding in line with the HNIP investment mandate.

Heat Networks have been proven around the world as a reliable, cost-effective and low carbon means of heat yet just 2% of buildings are heating this way in the UK. Using a mix of Government and private sector funding, Triple Point Heat Networks Investment Management will help to build a self-sustaining and transformative heat energy market which offers affordable and reliable heat.

About The Green Heat Network Fund (GHNF)

The Green Heat Network Fund (GHNF) is a capital grant fund that will support:

• the commercialisation and construction of new low and zero carbon (LZC) heat networks (including the supply of cooling)
• the retrofitting and expansion of existing heat networks

It aims to develop and grow the heat network market and to address some of the challenges of decarbonising the UK’s heat sector. Find out more about heat networks.

Eligibility

The GHNF is open to applicants from organisations in the public, private and third sectors who are responsible for the development of heating and cooling networks in England, that:

• meet the initial GHNF gated metrics covering the carbon intensity of heat delivered, consumer detriment, the minimum annual heat energy demand and the scheme’s social IRR
• are able to provide all supporting documentation
• are legal entities (such as companies or organisations). Public sector organisations such as NHS Trusts and other governmental departments may also apply. Please Note: Individuals, households and sole traders cannot apply to the fund

Timescales

The GHNF was launched in 2022 for applications. Applicants are now able to apply for funding that could be drawn down in financial years 2023/24 through to 2026/27.

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