Monday, June 03, 2013

Goldman Sachs exits Turkish hydroplants

Goldman Sachs exits Turkish hydroplants

ISTANBUL - Radikal

Giant American investment bank Goldman Sachs is to retreat from Turkish energy sector silently as the bank’s power generation subsidiary Cogentrix Energy is selling its five hydroelectric power plant projects to Turkish energy firm Bereket Enerji.

More:BUSINESS - Goldman Sachs exits Turkish hydroplants