greencoat

Schroders Capital has announced that it has received approval from the UK’s Financial Conduct Authority for its second Long-Term Asset Fund (LTAF), and the first dedicated to renewable energy.

A 10.8MW battery-based energy storage system (BESS) supplied by Fluence for the Killala Community Wind Farm has entered the commissioning phase.

Global investment manager Schroders is to acquire a 75% shareholding in renewable energy infrastructure manager Greencoat, for an initial consideration of £358 million.

Members of the UK solar industry have voiced support for plans to develop a supply-chain transparency protocol to tackle concerns over forced labour.

BlackRock Real Assets is selling on a 156MW portfolio that it co-owns with Lightsource BP to Greencoat Capital.

Greencoat Capital is launching a new fund, Greencoat Renewable Income LP (GRI), focusing on infrastructure assets for solar and other renewables.

Emerging players in the UK’s secondary solar market may struggle as portfolios become more disparate, heaping importance on owners having sufficient teams in place.

Greencoat Capital has made its second major solar acquisition after targeting the UK solar market, buying a 73.5MW portfolio from an unnamed consortium.