INTERVIEW – JPMorgan sees immediate value in EcoSecurities buy

* EcoSecurities buy to help JPM clients manage price risks
* JPM commods head “happy” even if just pre-2012 portfolio
* New EcoSecurities CEO to be named soon
* EcoSecurities will not be integrated into JP Morgan

LONDON, Nov 3 (Reuters) – JP Morgan’s <JPM.M> acquisition of clean energy project developer EcoSecurities <ECO.L> will help its clients manage commodity price risks, even if the investment has a shelf life of only three years, JP Morgan’s head of global commodities said.

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Posted on November 22, 2009 · in UK

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