UK fund manager Schroders on Thursday confirmed it was in talks with renewable energy investor Greencoat Capital about taking a “significant” stake in the company.
“There is no certainty these talks will lead to any final agreement,” Schroders said in a statement, adding that it
continues to “evaluate potential acquisition opportunities in line with its strategy to build a comprehensive private assets platform and enhance its leadership position in sustainability”.
Sky news reported Schroders was set to splash out £360m to buy a 75% stake in Greencoat.
