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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

How Would You Feel If . . .

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Sad that it came to this, but not nearly as sad as I would if he gets away with all this criminality, and the rest of the world writes us of as avid supporters of crime and apathetic to rule of law.

How Would You Feel If . . .

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Renewable Energy

JD Vance and His Certainty Re: God’s Work

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At left we see illustrated the core problem with the world’s theistic religions, i.e., that adherents are so certain of the rightness of their beliefs that they have no problem destroying the world.

FWIW, I have a friend who takes this even further: he is actively rooting for the apocalypse, and the prospect that all believers in God’s son Jesus will be raptured up to heaven to sit at the right hand of God.

He knows that I don’t believe any of this, but he remains confident that I’ll come around.  As he told me, “God melts even the hardest of hearts.”  He thinks I’m doing the devil’s work with my compassion for others and the effort I put out to achieve a peaceful and sustainable civilization.

We’d be living in tough times even without these fanatics, but religious dogma, especially of this sort, makes it all that much more difficult.

JD Vance and His Certainty Re: God’s Work

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Renewable Energy

The U.S. Post-Trump

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We read a great deal about people who think that repairing the damage caused by Trump is going to be quick and easy.

Others are not nearly so sanguine, pointing out that many nations have gone to great lengths to create new trade relationships in their effort to cut the United States off without a penny.

Another question is how the people in other countries have come to regard Americans, as people of extremely low moral character–as crackpots, as racists, as gullible morons, as people incapable of critical thinking.  That’s not going to change overnight, if it changes at all.

The U.S. Post-Trump

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