Schroders Greencoat, the infrastructure investor backed by the funds giant, has taken a leading interest in purchasing Toucan Energy after the solar farm operator collapsed last year, according to reports.

KPMG spin-off Interpath Advisory is handling an auction process for dozens of solar parks, Sky News reported, with Schroders Greencoat taking pole position alongside other reported contenders including London's GLIL and Hong Kong-based infrastructure titan CKI.