Announced
Financials
Tags
Alternative Fuels
Cross Border
Private
Minority
Denmark
energy trade
renewable energy
Acquisition
Pending
Friendly
Single Bidder
Synopsis
Goldman Sachs, an investment banking, securities and investment management firm, agreed to acquire a minority stake in InCommodities, a partner-owned energy trader with its headquarters in Aarhus, Denmark. Financial terms were not disclosed. “As the installed capacity of weather-dependent renewables grows, electricity markets are becoming increasingly complex,” Ed Emerson, Goldman Sachs Head of Global Commodities.
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