Essent Trading has expanded its international trade activities in Asia, with the opening of a new representative office in Singapore.
The rapidly growing Asian energy markets offer many new opportunities for Essent Trading to expand and diversify its pan-European portfolio. Essent Trading will focus on energy partnerships and commercial agreements in the Asia-Pacific markets to further develop its origination activities in emissions, biofuels, coal and LNG within the region.
"The opening of our Singapore office is a strong indication of our commitment to further invest and grow our portfolio of activities in Asia-Pacific," Remco Frenken, Senior Vice President Global Commodities said. "We have been an active player in the market for years now. However, we reached a point where we needed physical presence to help us develop our business and look for strategic opportunities in biofuels, emissions, LNG, coal and freight."
Samuel Owen will manage Essent Trading's representative office registered in
Singapore. Owen joined Essent Trading as Vice President Global Commodities
Asia in October.
About Essent Trading
Essent Trading, headquartered in Geneva, Switzerland, is a prestigious assetbacked
merchant energy trading business with its roots in the Netherlands. Essent Trading is recognised as a market leader in energy trading in Europe and has been voted as a top-tier trading house by Risk Magazine since 2004. Our parent company, Essent N.V. is the largest energy company in the Netherlands with approximately 11,000 employees, more than 5500 MW of diverse generation portfolio and over 2.6 million customers across the Netherlands, Belgium and Germany. Essent is ranked among Europe's leading companies in renewable and sustainable energy generation.
For more information, visit www.essenttrading.com and www.essent.eu
For further information, please contact:
Essent Media Relations: Jeroen Brouwers, spokesman Essent.
Phone: +31 73 853 4939 E-mail: mediarelaties@essent.nl