Deal subject to regulatory approval and expected to complete early next year
Asset manager Greencoat Capital has acquired the Lincolnshire-based Sleaford Renewable Energy Plant with funds from RPMI Railpen and Greencoat Renewable Income and commitments from UK corporate and Local Government Pension Scheme funds.
The HSBC Bank UK Pension Scheme is to invest £250m in renewable energy infrastructure, such as solar plants and wind farms, with Greencoat Capital.