LONDON July 11, 2024: Morgan Lewis is advising Redwheel Asset Management on the acquisition of Ecofin, which will expand its existing capabilities in sustainable and impact investing. Financial terms of the transaction were not disclosed and is subject to customary conditions with closing.
Redwheel Asset Management is a specialist, independent investment manager with an active investment heritage built on a foundation of innovation, original thought, and high conviction and has assets under management of approximately $18.1 billion. A subsidiary of Tortoise Investments, Ecofin is an investment firm with an environmental focus, principally investing in global companies focused on electrification, decarbonization, and sustainable infrastructure and has assets under management of approximately $1.4 billion.
The Morgan Lewis team advising Redwheel included Mark Geday and associates Jack Shawdon and Nicholas Woolf, with partners Charles Bogle, Robert Goldbaum, Kate Habershon, Martin Henshall, Matthew Howse, Jack O'Brien, Patrick Rehfield, Oliver Rochman, and Louise Skinner; and associates Aaron Nemeti, and William Mallin.