August 19, 2015
By Smiti Mittal
...JP Morgan (click here) is said to have invested $100 million in Leap Green Energy, and if the transaction is completed JP Morgan would reap substantial profits on its investment....
Morgan purchased 75% of the company for $100 million. That is nothing for Morgan. The investment now is too good to be true and to increase cash flow and just plain time to reap investment rewards the bank is selling 50% of it's holdings. That is 37% of the total shares of Leap Green Energy. But, Morgan is taking no chances, it is keeping half the investment for future returns.
It is rather interesting really. While petroleum stocks are losing money endlessly, the alternative energy sector is skyrocketing. It's about time.
By Smiti Mittal
...JP Morgan (click here) is said to have invested $100 million in Leap Green Energy, and if the transaction is completed JP Morgan would reap substantial profits on its investment....
Morgan purchased 75% of the company for $100 million. That is nothing for Morgan. The investment now is too good to be true and to increase cash flow and just plain time to reap investment rewards the bank is selling 50% of it's holdings. That is 37% of the total shares of Leap Green Energy. But, Morgan is taking no chances, it is keeping half the investment for future returns.
It is rather interesting really. While petroleum stocks are losing money endlessly, the alternative energy sector is skyrocketing. It's about time.
