ENGIE SA sold the majority shares of 50five Group to Institutional Investors advised by J.P. Morgan Asset Management’s Global Transportation Group
50five Group was founded in 2016 by its existing management team, supported by ENGIE SA, for EV charging installation, maintenance & repair, charge point operator solutions, e-mobility services, and transportation-related energy management.
About J.P. Morgan Asset Management’s Global Transport Group
J.P. Morgan Asset Management’s Global Transport Group is a leading transportation investment specialist. Founded in 2010, J.P. Morgan Asset Management’s Global Transport Group manages investment in shipping, aviation, rail, container leasing, electric vehicle charging, municipal transport, and offshore wind maintenance.
About Engie SA
Engie SA is a French multinational electric utility company, headquartered in La Défense, Courbevoie. Its activities cover electricity generation and distribution, natural gas, nuclear power, renewable energy, and the petroleum industry. It is involved in both upstream (engineering, sale, operation, maintenance) and downstream (waste management, dismantling) activities. Engie supplies electricity to 27 countries in Europe and 48 countries worldwide. Engie is listed on the Euronext exchanges in Paris and Brussels and is a constituent of the CAC 40 index.
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