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BrightNight Secures $440 Million Investment from Goldman Sachs to Expand Renewable Energy Project Portfolio

Florida-based renewable energy company BrightNight has secured a USD-440-million (EUR 406m) strategic investment from Goldman Sachs (NYSE:GS). The investment, along with existing capital commitments, will fund the company’s five-year business plan and advance execution of its 31-GW project portfolio. The investment is part of a joint ambition to build a leading renewable independent power producer (IPP) and aims to accelerate its growth by providing long-term capital backing and leveraging Goldman Sachs’ connections in the sector. BrightNight serves utility and commercial and industrial customers across the US and is also active in the Asia Pacific region.

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