Goldman Sachs invests in DONG Energy

Goldman Sachs and two Danish pension funds have invested a total of DKK11 billion (£1.24bn) in DONG Energy. Funds managed by the global investment bank will buy new shares worth DKK8 billion (£0.9bn) – gaining a 19% stake in the Danish company. Pension fund ATP will invest DKK2.2 billion (£0.25bn) for a 5% stake while […]

Goldman Sachs to finance $500m in solar projects

Global investment banking firm Goldman Sachs is backing a $500 million (£326.7m) fund for PV projects in the US – believed to be the “largest” rooftop solar financing agreement in the country. The fund will help install around 110MW of rooftop solar installations in California, Arizona and other states where renewable company SolarCity operates. Homes […]

Big businesses form green UK finance company

A group of businesses have formed a collective to work with government to help finance the Green Deal. The Green Deal Finance Consortium will provide finance to all Green Deal Providers by accessing the cheapest sources of finance in the market at the highest possible credit rating. The Department of Energy and Climate Change say […]

Wind energy shipping firm expands

A specialist shipping firm which supplies vessels to the wind energy industry is to build a new base at Great Yarmouth. Seajacks is currently based in the east coast town but is moving because business is booming. Seajacks operates ships which are designed for the installation and maintenance of offshore wind turbines and can also […]