200 West Street, C/O Goldman Sachs & Co., NY 10282 New York, United States
Goldman Sach’s renewable power group has invested in over 800 solar projects ranging across 27 states in the US which can produce over 1.8GW of renewable energy. The renewable branch of the market leading investment group can reap the advantage of their deeply connected in-house sources and relationships in order to provide top level market and renewable asset analysis. Since the foundation of the renewable group in 2017, they have quickly become one of the world’s leading renewable asset managers with a portfolio of $1.8B.
In December 2021, the renewable power group confirmed the purchase of a 70MW solar project based in Maine, America. Goldman Sachs Asset Management acquired the solar project from Dynamic Energy, with the project due to connect to the electricity distribution systems in Maine by 2023. This project will contribute to the state of Maine’s goal of achieving 100% of its energy from renewable sources by the year 2050.
Image Source: Unsplash, 19.07.2021