News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Goldman sells energy producers

Goldman Sachs, which picked up numerous power plants at fire sale prices following the Enron scandal, is now cashing out.

The investment bank is soliciting cash bids for most of its interest in 14 of its 18 remaining power plants that are owned by Goldman subsidiary Congentrix Energy, according to a spokesman.

WSJ Logo