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Our Merchant Energy Business Model
Our Merchant Energy Business
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Nordic(Norway,Sweden,Finland). Top-5 trading and structuring position, traded 203 TWh. TXU Nordic Energy JV with PVO, 81% owned, generation and wholesale trading. 720 MW of capacity. Energy retailing with Savon Voima Oy, 40% owned, 100,000 customers. United Kingdom. #1 electricity retailer, #2 natural gas retailer. 4.4 million electric customers, 40 TWh sales.  1.1 million natural gas customers, 115 Bcf sales.  6,830 MW of capacity.  Wholesale energy sales, 1,000 Bcf natural gas, 100 TWh electric Leading trading and structuring position, traded 1,797 TWh.  24seven, unique networks joint venture, 5.2 million customers. Nordic(Norway,Sweden,Finland). Top-5 trading and structuring position, traded 203 TWh. TXU Nordic Energy JV with PVO, 81% owned, generation and wholesale trading. 720 MW of capacity. Energy retailing with Savon Voima Oy, 40% owned, 100,000 customers. Central Europe. Top-5 trading and structuring position, trade 157 TWh. Stadtwerke Kiel, Germany, 51% owned, 250,000 customers, 175 MW of capacity, 2.7 Bcf natural gas storage. Zamosc Energy Company JV, 49% owned, Poland power plant development. Teplarny Brno, 192 MW of capacity, 1,000 MW steam and hot water. Central Europe. Top-5 trading and structuring position, trade 157 TWh. Stadtwerke Kiel, Germany, 51% owned, 250,000 customers, 175 MW of capacity, 2.7 Bcf natural gas storage. Zamosc Energy Company JV, 49% owned, Poland power plant development. Teplarny Brno, 192 MW of capacity, 1,000 MW steam and hot water. Iberia (Spain, Portugal). Energy trading and risk management, Synergia Trading, Spain, traded 2 TWh. Exiting 19% stake in Hidroelectrica del Cantabrico, power utility, Spain.