Schroders has acquired a 75-percent shareholding in Greencoat Capital, one of Europe’s largest investment managers dedicated to the high-growth renewable infrastructure market.
After the sale, Greencoat will become part of Schroders Capital and will be known as Schroders Greencoat.
Schroders Greencoat is a major player in its field across the United Kingdom and Ireland, and is a pioneer of large-scale renewable energy infrastructure investing. The business manages £6.8 billion ($ billion) on behalf of its clients. It has a strong platform in Europe and is rapidly expanding in the United States, positioning the business to capture opportunities in a market that is expected to grow significantly over the near term.
“As governments around the world look to accelerate towards net zero goals, providing capital for the energy transition will become ever more important,” said Peter Harrison, CEO of Schroders. “The completion of the Greencoat Capital transactio
