Business
Agreement with Schroders Greencoat
Metlen Energy & Metals PLC has entered into an agreement with Schroders Greencoat to sell a 283 MW solar PV portfolio in the UK, comprising seven operating and under-construction projects. This transaction, which includes projects with long-term offtake agreements with Vodafone and Engie, demonstrates Metlen's disciplined asset rotation strategy and reinforces its UK presence. The sale is expected to crystallize value and allow for capital deployment into high-growth opportunities. Disclaimer*
About this update from Metlen Energy & Metals Plc
[{"type":"text","content":"\n\nPRESS RELEASE\n \nMETLEN enters into Agreement with Schroders Greencoat for the sale of a 283 MW solar PV portfolio in the UK\n\n· Seven projects totalling 283 MW operating and under construction solar capacity\n· Extending cooperation with Schroders Greencoat through a follow-on transaction\n· Demonstrates continued disciplined execution of the asset rotation program \n· Reinforces METLEN's strategic presence in the UK\n \nAthens, Greece / London, United Kingdom - February 04, 2026 - Schroders Greencoat, the specialist energy transition infrastructure manager of Schroders Capital, has entered into an agreement with METLEN Energy & Metals, a multinational industrial and energy company, to acquire a portfolio of seven solar projects in the UK on behalf of its clients.\n \nThe seven projects, located across England and Wales, have been developed, constructed and commercially structured by METLEN. Of the 283MWp portfolio, 143 MW are in operation and mechanically complete, while 140 MW are under construction with expected COD within Q2 2026. The seven projects will power the equivalent of 89,333 homes[1]. The projects benefit from long-term offtake agreements with Vodafone and Engie, which provide high revenue visibility and cash flow stability.\n \nMETLEN, an LSE listed company with an established long-term presence in the UK market, is focused on delivering the energy transition agenda of the country with activities spanning solar, battery energy storage systems (BESS), flexible generation and grid infrastructure. The extended knowledge, unparalleled execution capabilities and market access, create a unique platform, which enables METLEN to capitalize on the growing energy transition trends.\n \nThis is the second transaction completed between Schroders Greencoat and METLEN, following the acquisition on behalf of its clients of a c.110 MWp UK solar portfolio in 2024. The deal further strengthens their relationship and reinforces Schroders Greencoat's position as one of the largest managers of operating ground mount solar farms in the UK.\nNikos Papapetrou, Chief Executive Director Renewables & Energy Transition Platform, commented: \"This transaction represents another important milestone in the successful implementation ...