To access this article please sign-in below or register for a free one-month trial. JP Morgan Asset Management Holdings, the investment arm of JP Morgan Chase, is set to sell half of its 75% stake in an Indian wind energy developer. The stake in Leap Green Energy is thought to be worth $100m . JP Morgan reportedly bought the stake at $225m in tranches one-month . The Indian renewable energy market has seen increasing investment from foreign private equity funds since it announced aggressive policy measures to boost growth in the sector.
JP Morgan Asset Management Holdings, the investment arm of JP Morgan Chase, is set to sell half of its 75% stake in an Indian wind energy developer. The stake in Leap Green Energy is thought to be worth $100m . JP Morgan reportedly bought the stake at $225m in tranches one-month . The Indian renewable energy market has seen increasing investment from foreign private equity funds since it announced aggressive policy measures to boost growth in the sector.