Infracapital, the infrastructure equity investment arm of M&G Plc, and AMP Capital have sold Adven, a leading provider of clean energy solutions across the Nordics and Baltics, to institutional investors advised by J.P. Morgan Asset Management.
Infracapital and AMP Capital have owned Adven since January 2016.
Martin Lennon, head of Infracapital, said, “We are proud of the significant growth of Adven under our ownership. In line with our ambition to invest in essential infrastructure to support both long-term economic growth and deliver positive societal impact, we have leveraged our experience and expertise to transform the business into the leading provider of clean energy solutions to industrial clients in the Nordics. Alongside AMP Capital and Adven’s management team, we have worked together to establish a strong platform for Adven’s continued success, and we wish the new owners, the management team and employees every success in the future. We are confide
