Hydrostor secures $250M from Goldman Sachs Asset Management

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Toronto, Canada (SPX) Jan 11, 2022
Hydrostor Inc. has announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses within Goldman Sachs Asset Management (“Goldman Sachs”). The investment proceeds will be used to support development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (“A-CAES”) projects in Australia and Ca This article was originally published by Solardaily.com. Read the original article here.

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