JLEN to acquire a 45% stake in Energie Tecnologie Ambiente.

JLEN, an environmental infrastructure investment fund, agreed to acquire a 45% stake in Energie Tecnologie Ambiente, an energy power plany operator. Financial terms were not disclosed. "We are happy to announce JLEN's investment into this energy-from-waste plant which leverages the knowledge and experience gained in owning a number of bioenergy assets already. This is JLEN's first investment in Italy and we look forward to co-owning this locally important asset alongside FEIP and the Seller," Richard Morse, JLEN Chairman.