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Announced

Goldman Sachs to acquire a minority stake in InCommodities.

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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