Schroders Capital (Infrastructure)

Schroders Capital is the specialist private markets arm of Schroders Group. We are one of the largest and most diversified global private markets businesses in Europe, with a holistic, specialised and scaled offering targeting attractive and high-growth segments across all private market asset classes.

Our infrastructure businesses harness the expert edge of our teams to provide unrivalled access to the return and resilience potential of this critical asset class, throughout the capital stack. With $21.6 billion in assets under management, we combine deep expertise with a pioneering track record built up over more than a decade and a half across strategies ranging from equity to the full spectrum of senior and junior debt.

Our infrastructure equity business, incorporating Schroders Greencoat, has been investing since 2009 and is a specialist in energy transition infrastructure. Through listed, semi-liquid and private strategies investing across the UK, Europe, the US and Asia, the team manages more than 440 energy assets and offers opportunities across the spectrum from Core to Core+ and Value Add.

Our Infrastructure Debt team is fully dedicated to the European market, investing across 15 countries and 12 sectors. We have been true pioneers in this market since 2012, shaping its development across both investment grade and sub-investment grade exposures and Core, Core+ and Value-Add return opportunities.

Recent highlights

• Schroders Greencoat and Carlton Power have reached final investment decision (FID) on the 30MW Barrow Green Hydrogen Project in Cumbria. The project is one of the first renewable hydrogen production facilities to reach FID in the UK.
• Schroders Greencoat acquired a 100% stake in APF Energy, a growing biomethane platform in the Netherlands, from SWEN Capital Partners through its Direct Impact Strategy and APF BV.

Our vision and beliefs

At Schroders Capital, we believe infrastructure sits at the heart of long-term economic growth, resilience and sustainability. As societies transition to seek greater energy security, digital connectivity and essential services, infrastructure presents a compelling opportunity to generate attractive risk-adjusted returns while delivering measurable real-world impact.

Across infrastructure equity and debt, our investment philosophy is built on sector expertise, disciplined execution and a commitment to long-term value creation. We seek opportunities supported by enduring structural trends, including the energy transition, electrification, digitalisation and the modernisation of critical infrastructure.

Through our infrastructure equity business, incorporating Schroders Greencoat, we harness our expert edge to unlock opportunities across the risk spectrum. With more than $14.3bn in assets under management, over 440 renewable energy assets and a team of more than 90 professionals, we combine origination capabilities, transaction expertise and technical asset management to deliver resilient income, downside protection and attractive growth potential.

In Infrastructure Debt, we are pioneers of the European market, having helped shape its development since making our first investment in 2012. By investing across the full debt capital structure and focusing on specialised mid-market opportunities, we seek to capture value through deep expertise, disciplined underwriting and active portfolio management. This approach provides clients with diversified, income-focused exposure designed to deliver resilience across market cycles.

By combining specialist expertise across infrastructure equity and debt, we aim to provide clients with access to a broad opportunity set that can support a range of objectives, from predictable income and capital preservation to long-term growth and portfolio diversification.

Investment process and research

Our investment approach is built on the belief that specialist expertise, disciplined risk management and active ownership are critical to unlocking the return and resilience potential of infrastructure. By combining deep capabilities across infrastructure equity and debt, we are able to identify opportunities across the capital stack and allocate capital where we see the most attractive risk-adjusted value.

We focus on sectors supported by powerful structural trends, including energy transition, energy security, digitalisation and the modernisation of essential infrastructure. Our investment professionals combine local market knowledge with broad sector expertise to identify opportunities that benefit from long-term demand drivers while maintaining resilient cashflow characteristics.

Across our infrastructure equity strategies, we employ a vertically integrated investment model spanning origination, underwriting, execution and asset management. We leverage proprietary market intelligence, informed by both public and private market data, to assess relative value opportunities and support investment decision-making. Our specialist teams are embedded in key local markets, providing access to proprietary deal flow and enabling rigorous due diligence. This active, hands-on approach extends throughout the asset lifecycle, where technical asset management expertise helps optimise operational performance, manage risk and create value.

Within Infrastructure Debt, our investment process is grounded in rigorous credit analysis and disciplined underwriting. As pioneers of the European private infrastructure debt market, we have developed extensive expertise across investment grade and sub-investment grade opportunities, spanning Core, Core+ and Value-Add strategies. Our pan-European platform allows us to source opportunities across 15 countries and 12 sectors, while our focus on mid-market borrowers enables access to attractive risk-adjusted returns and differentiated income opportunities. Risk management is embedded throughout the investment lifecycle, with comprehensive due diligence, ongoing monitoring and active portfolio management forming the foundation of our approach.

Together, these complementary capabilities enable us to provide clients with diversified exposure to infrastructure through strategies designed to deliver resilient income, long-term capital growth and strong downside protection across market cycles.

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