Goldman Sachs, Palisade pump billions into green energy

August 2017.

US giant Goldman Sachs has joined the Australian renewable energy stampede and Sydney fund manager Palisade Investment Partners is launching a new clean energy fund in moves that may add gigawatts of wind and solar power worth billions of dollars to the grid.

The new Palisade Renewable Energy Fund and an existing fund that invests directly on behalf of the firm’s clients – including the Clean Energy Finance Corporation – could have combined $1 billion of assets funding a gigawatt of wind and solar projects by 2020.

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