Goldman Plans $40 Billion Clean Energy Investment Over a Decade
Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, plans to spend as much as $40 billion financing renewable energy projects in the next decade.
Stuart Bernstein, global head of clean technology, will relocate to San Francisco to lead the effort, Michael DuVally, a spokesman for the New York-based firm, said in an e-mail.
The plans were reported earlier today by Reuters.
To contact the editor responsible for this story: Steven Crabill at firstname.lastname@example.org