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. The majority of the portfolio will be acquired by long-standing Schroders Greencoat managed funds, including Greencoat Solar II LP and Greencoat Renewable Income LP, as well as recently launched mandates. Schroders Greencoat agreed to acquire the Toucan Energy portfolio following a competitive bidding process managed by the joint administrators of Toucan Energy Holdings 1 Limited at Interpath Advisory. Lee Moscovitch, Partner at Schroders Greencoat, said:“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.