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BrightNight has received a $440 million strategic investment from the Infrastructure business at Goldman Sachs Alternatives.

The investment, along with existing capital commitments, is expected to fund the company’s execution of its 31 GW renewables project portfolio. The transaction is expected to close in next month.

“BrightNight was founded on a unique combination of strengths that capitalize on strong secular energy transition tailwinds,” says Martin Hermann, BrightNight chairman and CEO. 

“We have quickly established a large and differentiated portfolio in high-demand growth markets seeking decarbonizing renewable energy solutions to meet growing load and reliability needs. BrightNight’s best-in-class team, extensive project portfolio and revolutionary AI-powered software platform, PowerAlpha, position us to maximize value for our utility and corporate customers. We look forward to continuing this journey in partnership with Goldman Sachs.”

BofA Securities and PJT Partners acted as financial advisors to BrightNight. Jefferies acted as financial advisor and Weil, Gotshal & Manges served as legal counsel to Goldman Sachs Alternatives.

The post Goldman Sachs Alternatives Makes $440M Investment in BrightNight appeared first on Solar Industry.

Goldman Sachs Alternatives Makes $440M Investment in BrightNight

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Renewable Energy

Re-Writing the Constitution to Suit the Surge in American Racism

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Speaking strictly for myself, I don’t have a problem with the Constitution as our Founding Fathers wrote it.

Re-Writing the Constitution to Suit the Surge in American Racism

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Renewable Energy

Who Wants Massive Change to Our Voting Procedures? Answer: a Few Crackpots

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The vast majority of Americans are fine with the systems each of our 50 states have put into place, per the U.S. Constitution.  There is an infinitesimal amount of voter fraud.

Who Wants Massive Change to Our Voting Procedures? Answer: a Few Crackpots

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Renewable Energy

Did Nothing Happen to Those who Refused the COVID Vaccination?

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It depends on what you mean by “happened.”

They were somewhere between 14 and 53 times more likely to die of the disease. I wouldn’t call drowning in one’s own puss and blood “nothing.”

Side Note: Being an anti-vaxxer is not a good look.  I don’t know a single guy who would come within 50 yards of this crackpot.

Did Nothing Happen to Those who Refused the COVID Vaccination?

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