Further to the announcement on 29 November 2021, the Board of Directors of Triple Point Energy Efficiency Infrastructure Company plc announced that the Group has acquired a further three operational, Feed in Tariff ("FiT") accredited, "run of the river" hydroelectric power projects in Scotland (the "Hydro Assets") for an aggregate consideration of £19.6 million (excluding costs). The three Hydro Assets have a total installed capacity of 2.5MW, and all have five years or more of operational performance history. This investment forms part of the original portfolio of nine assets identified in the IPO prospectus, the first six of which were acquired in November 2021. These Hydro Assets were also acquired from entities advised by the Investment Manager and, as a result, additional measures were implemented and carefully monitored to manage any potential conflict of interest appropriately, including dedicated buy and sell side teams within the Investment Manager and obtaining an independent third-party valuation. In accordance with the IPO Prospectus, the Board was required to approve the transaction and the Directors were satisfied by the conflict management procedures put in place.