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New Deal


Announced

Completed

Schroders Greencoat completed the acquisition of solar portfolio from Toucan Energy and Interpath Advisory for £700m.

Financials

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Transaction Value£700m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

renewable energy

Renewable Energy Equipment

Acquisition

Majority

Private

Completed

Friendly

Single Bidder

United Kingdom

Synopsis

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Schroders Greencoat, a specialist manager dedicated to the renewable energy infrastructure sector, completed the acquisition of solar portfolio from Toucan Energy, an energy supplier, and Interpath Advisory, a financial advisory business, for £700m. “We are thrilled to have agreed to acquire the largest operational solar portfolio put to market in the UK. This is a major achievement for Schroders Greencoat, particularly given the size, complexity and number of stakeholders involved in the transaction," Lee Moscovitch, Schroders Greencoat Partner.

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