A Goldman Sachs-backed electricity firm is making a play to reach more Americans homes nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.
Goldman Sachs private equity fund petitioned to the U.S. Federal Energy Regulatory Commission in October, to sell electricity on behalf of its affiliate Rhythm Energy, according to a release.
(Reuters) - Goldman Sachs' private equity fund petitioned to the U.S. Federal Energy Regulatory Commission (FERC) in October, to sell electricity on b.
A company owned by Goldman Sachs' private equity arm, Rhythm Energy, petitioned the U.S. Federal Energy Regulatory Commission (FERC) in October to sell electricity, according to a filing with the regulatory agency. If approved, Rhythm Energy, which is owned by Goldman Sachs' West Street Capital Partners VII fund, would offer retail electricity contracts, according to the filing dated Oct. 16. On Oct. 24, the FERC approved applications by Goldman Sachs-owned J. Aron & Company LLC to control GenOn's fleet of fossil fuel power facilities out of bankruptcy, according to a FERC filing.