REACH

29 September 2023

Harmony Energy Income Trust plc
(the "Company" or "HEIT")

Winner of the Grid-scale Standalone Energy Storage Project of the Year Award

Harmony Energy Income Trust plc, which invests in battery energy storage systems ("BESS") in Great Britain, is pleased to announce that it has won the "Grid-scale Standalone Energy Storage Project of the Year" award at the Energy Storage Awards.

The award recognises a standalone energy storage system project of over 1MW/1MWh which stands out in a sea of high-quality projects across Europe. HEIT's winning entry nominated the Pillswood project in Hull, which is one of the largest BESS in Europe by MWh at 196 MWh (98 MW).

Norman Crighton, Chairman of HEIT, commented:

"We are delighted to receive the Grid-scale Standalone Energy Storage Project of the Year Award at this year's Energy Storage Awards for our Pillswood project. Since its successful energisation in November 2022, it has been one of the best performing BESS projects in Great Britain. I would like to take this time to thank all of the HEIT team for continuing to maintain our strong momentum delivering a diversified and scalable portfolio of BESS projects across Great Britain."

ENDS

For further information, please contact:

LEI: 254900O3XI3CJNTKR453

About Harmony Energy Advisors Limited (the "Investment Adviser")

The Investment Adviser is a wholly owned subsidiary of Harmony Energy Limited.

The management team of the Investment Adviser have been exclusively focussed on the energy storage sector (across multiple projects) in Great Britain for over six years, both from the point of view of asset owner/developer and in a third-party advisory capacity.  The Investment Adviser is an appointed representative of Laven Advisors LLP, which is authorised and regulated by the Financial Conduct Authority.