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