Schroders to acquire 75% shareholding in Greencoat Capital

Subject to regulatory approval

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

Peter Harrison of Schroders

Schroders has confirmed 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 ...

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