JP Morgan Investment Management completed the acquisition of a 60% stake in Falck Renewables $1.8bn.

Infrastructure Investments Fund, an investment vehicle advised by JP Morgan Investment Management, completed the acquisition of a 60% stake in Falck Renewables, an Italian energy company, $1.8bn. "I am very proud of Falck Renewables SpA’s growth and the value created for all shareholders and stakeholders under Falck SpA’s ownership. This has been achieved thanks to the commitment and contribution of Falck Renewables SpA Board of Directors, management and all employees. Today Falck Renewables SpA is an important player in the renewable energy sector with geographically diversified activities. The Company has attracted the interest of a leading international fund, which will be able to accelerate Falck Renewables SpA’s growth," Enrico Falck, Falck Renewables Chairman.