Goldman Buys Stake in Specialist Energy Trader InCommodities (2)

Goldman Sachs Group Inc. bought a minority stake in Denmark’s InCommodities AS to tap into the firm’s specialist knowledge of short-term power and gas trading.

The deal, still subject to regulatory approval, is expected to close in the next couple of months, said Jesper Severin Johanson, chief executive officer of the Aarhus-based company founded four years ago. While the companies declined to provide financial details or the size of Goldman’s stake, Danish paper Jyllands-Posten said the investment was worth just under 100 million Danish Kroner ($16 million).

InCommodities is one of the rapidly growing trading companies founded in Denmark’s ...