schroders

According to reports, Schroders Greencoat has emerged as the “leading contender” to acquire solar farm owner Toucan Energy.

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.

Lightsource bp, Schroders Greencoat and H&M Group have confirmed two solar power stations, with a total power output of around 50MWp, are now online.

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