Connect with us

Published

on

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

Continue Reading

Renewable Energy

China Barred Vestas Software, Ørsted Buys Chinese Monopiles

Published

on

Weather Guard Lightning Tech

China Barred Vestas Software, Ørsted Buys Chinese Monopiles

Vestas CEO Henrik Andersen says China barred Vestas from monitoring its own turbines. Plus Ørsted takes heat for Chinese monopiles, India’s blade design gap, and tents that beat weather delays.

The Uptime Wind Energy Podcast is brought to you by Weather Guard Lightning Tech, creators of the StrikeTape Ultra LPS retrofit. Subscribe to Uptime’s Substack newsletter. And check out Rosemary’s “Engineering with Rosie” Youtube channel. Have a question we can answer on the show? Email us!

China Barred Vestas Software, Ørsted Buys Chinese Monopiles

Continue Reading

Renewable Energy

America’s Top Military Are Disgusted by Trump

Published

on

Virtually all top-ranking retired military brass view Trump as shown at left.  On top of that, Hegseth has publicly fired all current generals and admirals who are not loyal to Trump, as the entire world watched the purge.

Doesn’t this affect the way the psychopath’s command of our nation is ultimately determined?

America’s Top Military Are Disgusted by Trump

Continue Reading

Renewable Energy

Getting Rid of Trump

Published

on

Keep in mind that “removing Trump from office” and “stop talking about Trump” are two different events.

It’s quite possible that a Democrat-controlled congress could remove him from power within the coming months.  But think about the damage he’s done to our nation and the path to repair it.  Think about the war, the trade deals, the economic policies, our relationships with our allies, the racism, our erstwhile position as leader in world democracy, and the degradation in public health, education, and environmental responsibility.

We’ll be talking about Trump as long as an organized human civilization is functioning on this planet.

Getting Rid of Trump

Continue Reading

Trending

Copyright © 2022 BreakingClimateChange.com