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

Goldman-Backed Energy Trader to Raise Debt After 96% Profit Drop
Bloomberg Markets Monday 15 June 2026, 10:00 UTC By Will Mathis 1 min read
Key Points

Goldman-Backed Energy Trader to Raise Debt After 96% Profit Drop Danish energy trader InCommodities A/S plans to increase borrowing to support growth after profit slumped 96% last year amid subdued volatility in power and gas markets. The company, in which Goldman Sachs Group Inc. has a small minority stake, is looking to raise debt financing to deploy more capital across its trading operations, Chairman Jesper Johanson said in an interview. Earnings before tax fell to €2.9 million ($3.4...

Goldman-Backed Energy Trader to Raise Debt After 96% Profit Drop Danish energy trader InCommodities A/S plans to increase borrowing to support growth after profit slumped 96% last year amid subdued volatility in power and gas markets. The company, in which Goldman Sachs Group Inc. has a small minority stake, is looking to raise debt financing to deploy more capital across its trading operations, Chairman Jesper Johanson said in an interview. Earnings before tax fell to €2.9 million ($3.4 million) from €72.5 million a year earlier. [Image text:] elbekvejrup InCommodities00
Goldman-Backed Energy Trader to Raise Debt (ORG) Danish (ORG) InCommodities A/S (PERSON) Goldman Sachs Group Inc. (ORG) Jesper Johanson (PERSON)
Originally published by Bloomberg Markets Read original →

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