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The Nexus
BUSINESSJun 15 · 10:00 UTCBLOOMBERGWill Mathis

Goldman-Backed Energy Trader to Raise Debt After 96% Profit Drop

Goldman Sachs-backed energy trader InCommodities A/S is raising debt following a 96% profit drop. Previously, trading firms in Aarhus and Aalborg, including InCommodities, generated $5 billion in combined profits in 2022, up from $100 million annually five years prior.

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Goldman SachsorganizationInCommodities A/SorganizationAarhusplaceAalborgplaceEuropean energy tradingtopic
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