Transaction Highlights

Client: Schroders Greencoat

Type: M&A

Value: Undisclosed

RBC's role: Sole Financial Advisor

RBC Capital Markets acted as Exclusive Financial Advisor to Schroders Greencoat LLP and Lead Underwriter for the acquisition and financing of a 514MWp solar PV portfolio for c. £700m.

Toucan Energy’s solar portfolio, consisting of 53 operating solar farms in the UK, will be majority acquired by private markets funds managed by Schroders Greencoat, the specialist renewables manager of Schroders Capital. This represents the largest operational solar PV portfolio to have transacted in the UK to date and continues RBC’s strong relationship with Schroders Greencoat. Our involvement in this landmark transaction demonstrates the strength of our leading Utilities & Renewables, Capital Structuring Advisory and Lending / Loan Syndication franchises.

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