Transaction will see pioneering green energy investor renamed Schroders Greencoat within Schroders' private markets division
Purchase of three operational solar plants brings total value of solar assets in asset manager's Greencoat Solar II fund to £2bn
Assets acquired for an undisclosed amount include the CfD-backed 14.4MW Charity Farm in Shropshire, but is largely comprised of projects backed by Renewable Obligation Certificates, companies said.