Schroders plc ("Schroders") is today announcing that it has reached agreement to acquire a 75% shareholding in Greencoat Capital Holdings Limited (“Greencoat”) for an initial consideration of £358 million.
Schroders will see £6.7billion worth more assets brought under its management and gain control of five investment funds that are solely involved in financing renewable energy projects.
Global investment manager Schroders is to acquire a 75% shareholding in renewable energy infrastructure manager Greencoat, for an initial consideration of £358 million.