Is British Gas owner taking measures against ‘activist hedge fund raid’?

Centrica has allegedly asked for help from investment bankers to set out contingency plans

Could Russia-Ukraine clash bring blackouts in Europe?

Goldman Sachs analysts have warned that gas prices could stay high until 2025

New Climate Innovation Fund to advance clean energy in Southeast Asia

Bloomberg Philanthropies and Goldman Sachs have committed an initial $25m for the fund, which will be managed by the Asian Development Bank

Duke Energy Renewables taps Goldman Sachs for $109m investment

It will use the investment over 18 months to support around 75MW of solar and battery storage projects

Goldman Sachs pledges to step away from oil and gas drilling in the Arctic

The banking giant has also promised to avoid financing projects in Alaska’s Arctic National Wildlife Refuge and said it will not invest in new thermal coal mines anywhere in the world

Goldman Sachs among major firms committing to net zero buildings

Hudson Pacific Properties and Petinelli are also among organisations that have signed up to the World Green Building Council’s Net Zero Carbon Buildings Commitment

Volkswagen invests $1bn in Swedish battery firm Northvolt

A 50/50 joint venture will see the companies build a 16GWh battery gigafactory in Germany

ReNew Power buys energy firm in one of India’s biggest clean deal

The deal to acquire Ostro Energy Private Limited will exceed the firm’s total capacity to more than 5.6GW

EU approves investment groups’ green takeover

The EU has approved the takeover of a renewable energy firm by two investment groups. The deal will see Colindale Investment and Goldman Sachs take joint control over Japan Renewable Energy Corporation (JRE). JRE specialises in managing, developing and operating a range of renewable energy projects in Japan. The EU concluded the proposed acquisition would […]

Goldman Sachs cuts stake in DONG Energy

New Energy Investment (NEI), a Goldman Sachs firm, is selling 6.3% of its stake in DONG Energy. The Danish utility states NEI has agreed to dispose of 26.5 million of its shares to “certain institutional investors”, each with a value of DKK10 (£1.16). That leaves NEI with a 7% stake in DONG Energy. The news […]