Investors - OCTOBER 14, 2021

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Greencoat Capital makes foray into U.S. renewables sector

by Kali Persall

Europe’s largest renewables investment manager, Greencoat Capital, has entered into the U.S. renewables sector with the opening of two offices in New York and Chicago.

As part of its expansion plan, the company said it is planning to invest $5 billion during the next five years and make a significant impact on the U.S. secondary market. Greencoat has already invested $500 million into wind-farm portfolios in Texas and Illinois.

During the past eight years, Greencoat invested in and managed more than 200 wind, solar and bioenergy assets in Europe, representing more than 3,000 megawatts of generating capacity.

The company sees a significant opportunity for growth in the United States, providing both North American and European institutional investors, such as public and private pension schemes and insurers, with access to one of the largest and fastest-growing renewables markets. The company aims to provide investors with predictable, stable income on a long-ter

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