Greencoat Capital – Acquisition of solar parks in the UK

Dutch fund manager DIF has sold a 10 MW pair of U.K. solar parks to a fund managed by London-based Greencoat Capital. Greencoat Solar Assets II Ltd has acquired the Islip and Springhill PV parks, which have been operational since 2011 and are supported by 25-year feed-in-tariff contracts that expire in July 2036. Financial details of the transaction have not been disclosed.