Schroders acquires 75% stake in Greencoat Capital

Deal subject to regulatory approval and expected to complete early next year

Lauren Mason
clock • 2 min read
Peter Harrison of Schroders
Image:

Peter Harrison of Schroders

Schroders has today (21 December) confirmed that it will acquire a 75% stake in renewable infrastructure manager Greencoat Capital for an initial consideration of £358m.

The deal, which follows a cash settlement for the purchase price from Schroders, includes a potential earn-out, subject to stretch revenue targets and to keeping Greencoat's senior management team in place....

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