Finance
Metlen to sell UK solar portfolio to Schroders Greencoat
Published by Global Banking and Finance Review
Posted on February 4, 2026
1 min readLast updated: February 4, 2026
Quick Summary
Metlen sells a 283 MW UK solar portfolio to Schroders Greencoat, including projects in England and Scotland, as part of its asset rotation strategy.
Metlen to sell UK solar portfolio to Schroders Greencoat
Overview of the Solar Portfolio Sale
Feb 4 (Reuters) - Metlen has agreed to sell a 283 megawatt (MW) portfolio of UK solar projects to Schroders Greencoat, the Greek energy and metals group said on Wednesday, describing the move as a key step in its global asset rotation strategy.
Details of the Solar Projects
The portfolio comprises seven projects across England and Scotland, including 143 MW of operating or mechanically complete assets and 140 MW under construction, which are expected to begin commercial operation in the second quarter of 2026.
Financial Aspects of the Deal
Metlen said the sites will supply power estimated to be equivalent to the needs of 89,333 homes and are backed by long-term power purchase agreements with Vodafone and Engie, ensuring "high revenue visibility and cash flow stability".
Previous Transactions Between Companies
The deal is the second transaction between Metlen and Schroders Greencoat after the sale of a 110 MW portfolio of UK solar assets in 2024.
No financial details were disclosed.
(Reporting by Antonis PothitosEditing by David Goodman)
Key Takeaways
- •Metlen sells 283 MW UK solar portfolio to Schroders Greencoat.
- •Portfolio includes projects in England and Scotland.
- •Assets are backed by long-term power purchase agreements.
- •This is the second transaction between the two companies.
- •The deal supports Metlen's global asset rotation strategy.
Frequently Asked Questions about Metlen to sell UK solar portfolio to Schroders Greencoat
1What is solar power?
Solar power is energy derived from the sun's radiation, which can be converted into electricity or heat. It is a renewable energy source that helps reduce reliance on fossil fuels.
2What is a solar portfolio?
A solar portfolio refers to a collection of solar energy projects or assets owned by a company or investor, typically aimed at generating electricity and revenue.
3What is renewable energy?
Renewable energy is energy generated from natural resources that are replenished over time, such as solar, wind, and hydroelectric power, contributing to sustainable energy solutions.
4What is investment management?
Investment management involves the professional management of various securities and assets to meet specified investment goals for the benefit of investors.
