Wall Street firm plans Japan investment
Source: Bloomberg News |
May 21, 2013, Tuesday
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Print Edition
Print Edition
GOLDMAN Sachs Group plans to invest as much as 50 billion yen (US$487 million) in renewable energy projects in Japan over the next five years, tapping demand for electricity produced from solar and wind-power generators.
Goldman also plans to take as much as 250 billion yen of bank loans and project-financing in the same period to move ahead with projects that would cost a total of 300 billion yen, said Hiroko Matsumoto, a Tokyo-based spokeswoman for the Wall Street bank.
Goldman also plans to take as much as 250 billion yen of bank loans and project-financing in the same period to move ahead with projects that would cost a total of 300 billion yen, said Hiroko Matsumoto, a Tokyo-based spokeswoman for the Wall Street bank.
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