JP Morgan Asset Management Holdings Inc., made an investment of $18.23m in Leap Green Energy Pvt Ltd (LGEPL). This is the second time JP Morgan has invested in this firm. Earlier JP Morgan invested $19.52m through a combination of equity and convertible debt, representing a majority stake in LGEPL. Overall, JP Morgan has invested over $36.5m in LGEPL, a fast-growing renewable energy IPP establishment focusing on wind, solar, biomass and hydro in India.
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- The deal analysis provides details on the JP Morgan's investment in Leap Green Energy Pvt Ltd (LGEPL), India.