REG - Metlen Energy&Metals - Agreement with Schroders Greencoat

Metlen Energy & MetalsAnnouncement

04/02/2026 07:31

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260204:nRSD6098Ra&default-theme=true

RNS Number : 6098R  Metlen Energy & Metals PLC  04 February 2026

PRESS RELEASE

 

​METLEN enters into Agreement with Schroders Greencoat for the sale of a 283 MW solar PV portfolio in the UK

·    Seven projects totalling 283 MW operating and under construction
solar capacity

·    Extending cooperation with Schroders Greencoat through a follow-on
transaction

·    Demonstrates continued disciplined execution of the asset rotation
program

·    Reinforces METLEN's strategic presence in the UK

 

Athens, 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.

 

The 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  (#_ftn1) . The projects benefit from
long-term offtake agreements with Vodafone and Engie, which provide high
revenue visibility and cash flow stability.

 

METLEN, 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.

 

This 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.

Nikos Papapetrou, Chief Executive Director Renewables & Energy Transition
Platform, commented: "This transaction represents another important milestone
in the successful implementation of METLEN's global asset rotation strategy.
It demonstrates, how well-structured projects combined with the unique
construction and execution capabilities of METLEN, continue to attract high
quality institutional investors allowing us to crystallize value. Over the
years we have established a strong relationship with Schroders Greencoat, one
of the most prominent investors in the UK renewable energy sector, and this
transaction further highlights how mutual trust and aligned long term
objectives, allow building long term value enhancing cooperations."

 

Duncan Hale, Portfolio Manager, Schroders Greencoat, said: "This acquisition
represents a significant milestone for both Schroders Greencoat and UK pension
savers. In our view, by adding these high-quality, income-generating solar
assets to our portfolio, we are aiming to provide UK pension savers the
opportunity to support the UK's transition to a low-carbon future, whilst also
enabling them to benefit from stable returns in a strategically vital sector.
We are really pleased to be working with METLEN again and hope to continue
building on this successful relationship."

This outcome highlights the consistent execution of METLEN's Asset Rotation
Plan, enabling value crystallization and deployment of capital in high-growth
opportunities across METLEN's business segments.

Akereos Capital acted as Financial Advisor to METLEN for this transaction,
Pinsent Masons LLP acted as Legal Advisor to METLEN, Walker Morris LLP acted
as UK real estate legal advisor and Harper Macleod LLP acted as Scottish real
estate legal advisor.

 

 

Notes to editors:

Official photo material of METLEN and its activities can be found here
(https://www.metlengroup.com/photo-gallery?category=press-kit) .

To view the latest press releases from Schroders visit: Media Centre |
Schroders global
(https://www.schroders.com/en/global/individual/media-centre/)

 

For further information on METLEN please contact:

Ms. Antigoni Fakou: METLEN Press Office, Tel. +30210-6877346 | Fax
+30210-6877400 | E-mail: Antigoni.fakou@metlengroup.com
(mailto:Antigoni.fakou@metlengroup.com)

 

About METLEN:

METLEN Energy & Metals Plc (METLEN) is the parent company of the
international industrial and energy group, a leader in the metallurgy and
energy sectors, focused on sustainable growth and the circular economy. METLEN
is a benchmark in competitive "green" metallurgy at both European and global
level, operating the only fully integrated bauxite, alumina and primary
aluminium production plant in the European Union, with privately owned port
facilities. In the energy sector, the Company provides integrated solutions
through the implementation of thermal and renewable power generation projects,
electricity distribution and supply, as well as investments in network
infrastructure, battery storage and other green technologies. METLEN operates
across five continents and in more than 40 countries, employing over 9,000
people worldwide and applying a fully synergistic model across its metallurgy,
energy and end-to-end energy project development activities.

METLEN Financial Highlights

The Company has its primary listing on the London Stock Exchange and secondary
listed on the Athens Stock Exchange and is a constituent of the FTSE 100
Index. In 2024, METLEN reported consolidated revenue of €5.68 billion and
EBITDA of €1.08 billion, up 7% year-on-year, with net profit of €615
million. Adjusted net debt stood at €1.78 billion, with a Net Debt/EBITDA
ratio of 1.7x, reflecting strong financial resilience. METLEN is rated by
leading international sustainability and ESG agencies, holding the unique
Greek position in the Dow Jones Best-in-Class Emerging Market index, and
distinguished across MSCI, Sustainalytics, ISS Quality score, ISS Corporate
Score, S&P Global ESG, LSEG, CDP, FTSE Russell, ESG Book, EcoVadis,
Bloomberg and IdealRatings.

www.metlengroup.com (http://www.metlengroup.com/) | Facebook
(https://www.facebook.com/metlengroup) | X (https://x.com/MetlenSA) | YouTube
(https://www.youtube.com/@MetlenGroup) | LinkedIn
(https://www.linkedin.com/company/metlengroup)

 

For further information on Schroders Greencoat, please contact:

Ms. Rachael Dowers, Media Relations Lead, Private Markets, Tel. +44 207 658
2086 | E-mail: rachael.dowers@schroders.com
(mailto:rachael.dowers@schroders.com)

Ms. Jessye Brandon, PR Manager, Tel. +44 207 658 3789 | E-mail:
jessye.brandon@schroders.com (mailto:jessye.brandon@schroders.com) Note to
Editors

About Schroders Greencoat

Schroders Greencoat LLP, formerly Greencoat Capital LLP, is a specialist
manager dedicated to the renewable and energy transition infrastructure
sector. With teams in London, Dublin, Frankfurt, Copenhagen, and Madrid, as
well as in New York and Chicago, and around £9.7 billion under management*,
Schroders Greencoat is one of the largest dedicated managers in Europe. It
was founded in 2009 and currently has fund mandates with strategies investing
into wind, solar, bioenergy and energy transition in the UK, Europe and the
United States. In total, Schroders Greencoat manages over 430 renewable
infrastructure assets with an aggregate net generation capacity of over 7.4
GW*.

For more information, please visit https://www.schrodersgreencoat.com
(https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.schrodersgreencoat.com%2F&data=05%7C02%7Crhianna.hurrenmyers%40sillion.co.uk%7C156b18c5fb644a2d3dcf08dcc065e099%7C90124f7878fd404798e58b289767fdaf%7C0%7C0%7C638596791035319441%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=XMz4oJgWw5p8LNPlxZwZAi%2F5TjMJXJPMBOolDGZiAqU%3D&reserved=0)
.

* As of 30 June 2025, Figures include two assets in construction or under
forward purchase agreements. Inclusive of 125 assets for which management was
transferred over from two other managers. Assets in APAC are advised by
Schroders Greencoat and managed by Schroders Investment Management (Hong Kong)
Limited.

About Schroders Capital:

Schroders Capital provides investors with access to a broad range of private
market investment opportunities, portfolio building blocks and customised
private market strategies. Its team focuses on delivering best-in-class,
risk-adjusted returns and executing investments through a combination of
direct investment capabilities and broader solutions in all private market
asset classes, through comingled funds and customised private market mandates.

The team aims to achieve sustainable returns through a rigorous approach and
in alignment with a culture characterised by performance, collaboration and
integrity.

 

With $111 billion (£81 billion; €94.5 billion)* assets under management,
Schroders Capital offers a diversified range of investment strategies,
including real estate, private equity, secondaries, venture capital,
infrastructure, securitised products and asset-based finance, private debt,
insurance-linked securities and BlueOrchard (Impact Specialists).

 

*Assets under management as at 30 June 2025 (including non-fee earning dry
powder and in-house cross holdings)

 

 

If you no longer wish to receive Press Releases and Updates from METLEN, click
here
(mailto:communications@mytilineos.gr?subject=%CE%91%CF%86%CE%B1%CE%AF%CF%81%CE%B5%CF%83%CE%B7%20e-mail%20%CE%B1%CF%80%CF%8C%20%CF%84%CE%B7%20%CE%BB%CE%AF%CF%83%CF%84%CE%B1%20%CF%83%CE%B1%CF%82%20/%20Remove%20me%20from%20your%20lists&body=%CE%A0%CE%B1%CF%81%CE%B1%CE%BA%CE%B1%CE%BB%CF%8E,%20%CE%B4%CE%B5%CE%BD%20%CE%B5%CF%80%CE%B9%CE%B8%CF%85%CE%BC%CF%8E%20%CE%BD%CE%B1%20%CE%BB%CE%B1%CE%BC%CE%B2%CE%AC%CE%BD%CF%89%20e-mail%20%CE%BC%CE%B5%20%CE%94%CE%B5%CE%BB%CF%84%CE%AF%CE%B1%20%CE%A4%CF%8D%CF%80%CE%BF%CF%85%20%CE%BA%CE%B1%CE%B9%20%CE%95%CE%BD%CE%B7%CE%BC%CE%B5%CF%81%CF%8E%CF%83%CE%B5%CE%B9%CF%82%20%CE%B3%CE%B9%CE%B1%20%CF%84%CE%B7%CE%BD%20%CE%B5%CF%84%CE%B1%CE%B9%CF%81%CE%B5%CE%AF%CE%B1%20MYTILINEOS%20%CE%BA%CE%B1%CE%B9%20%CF%84%CE%B9%CF%82%20%CE%B8%CF%85%CE%B3%CE%B1%CF%84%CF%81%CE%B9%CE%BA%CE%AD%CF%82%20%CF%84%CE%B7%CF%82,%20%CE%B3%CE%B9%CE%B1%20%CF%84%CE%BF%20%CE%BB%CF%8C%CE%B3%CE%BF%20%CE%B1%CF%85%CF%84%CF%8C%20%CE%B5%CF%80%CE%B9%CE%B8%CF%85%CE%BC%CF%8E%20%CE%BD%CE%B1%20%CE%B1%CF%86%CE%B1%CE%B9%CF%81%CE%B5%CE%B8%CF%8E%20%CE%B1%CF%80%CF%8C%20%CF%84%CE%B7%20%CE%BB%CE%AF%CF%83%CF%84%CE%B1%20%CF%80%CE%B1%CF%81%CE%B1%CE%BB%CE%B7%CF%80%CF%84%CF%8E%CE%BD.%20Please,%20I%20would%20like%20you%20to%20remove%20my%20e-mail%20address%20from%20your%20list,%20since%20I%20do%20not%20want%20to%20receive%20Press%20Releases%20and%20Newsletters%20for%20MYTILINEOS%20Company.)
.

 

 

 1  (#_ftnref1) Using the latest OFGEM estimate of typical annual electricity
use for a medium sized home.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  AGRXXLLBQLLZBBE



            Copyright 2019 Regulatory News Service, all rights reserved