Dalmore Capital, an independent fund management company that invests in long-term infrastructure assets on behalf of institutional investors, has acquired the entire share capital of Triple Point Energy Transition Holdings for £44.1 million ($55 million).
This primarily includes nine run-of-river hydro sites located in Scotland, totaling 6.6 megawatts in capacity.
The portfolio provides baseload renewable generation, which is key to delivering a net-zero electricity mix and balancing other forms of intermittent supply. It is highly cash generative, with revenues backed by long term feed-in-tariff subsidies benefiting from RPI indexation.
This follows Dalmore’s acquisition of an additional stake in Agility Trains West in 2024, a concession contract established to manufacture, finance and maintain 57 Hitachi Class 800 bi-mode trains for operation by Great Western Railway. Dalmore’s recent investment activity is underpinned by a broader £1 billion ($1.3 billi
