Goldman Sachs invests $250m in energy storage

Goldman Sachs invests $250m in energy storage

Goldman Sachs’ private equity division Goldman Sachs Asset Management has invested $250m in a Canadian long-duration energy storage provider. Hydrostor, the company that has secured the funds, said the investment will help it build 8.7GWh long-duration energy storage...
PGIM Real Estate raises €1.8bn for seventh European debt fund

PGIM Real Estate raises €1.8bn for seventh European debt fund

PGIM Real Estate has raised €1.8bn for PGIM Real Estate Capital VII (PRECap VII), its seventh European debt fund. PGIM raised more than £1bn for the predecessor fund in April 2017. The manager said PRECap VII targets high yield real estate debt opportunities in core...