Goldman Sachs invests $109.4M in Duke Energy Renewables for commercial solar, storage projects

Duke Energy Renewables has closed a $109.4 million investment from Goldman Sachs’ Alternative Energy Investing Group for commercial and industrial solar projects.

The money will be used over 18 months to build about 75 megawatts worth of solar projects and solar-plus storage projects developed and built by REC Solar, which is a business unit of Duke Renewables. The projects will include community solar projects as well as ground- or roof-mounted projects for businesses across several states, including…


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