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Citadel Boosts European Power Trading With Purchase of FlexPower
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6 Articles
The Business Journals
Citadel Boosts European Power Trading With Purchase of FlexPower
Citadel to Buy German Power Trader FlexPower - Markets Media
Citadel, a leading global investment firm, has entered into a definitive agreement to acquire 100% of Hamburg-based power trading firm FlexPower. The proposed acquisition is a strategic investment by Citadel and will introduce a new era of growth for FlexPower. The combination of Citadel’s extensive risk management, technological and analytical capabilities with FlexPower’s renewable market expertise will enable FlexPower to deliver reliable pow…
The US Hedgefonds plans to acquire 100 percent of the Hamburg-based electricity dealer, but the Flexpower brand is to be preserved.The US investment company Citadel has signed a binding agreement to acquire all shares in the Hamburg-based electricity trading company Flexpower. The Hamburg-based company, which specialises in trading and risk management solutions for renewable plants, battery storage and commercial customers, intends to offer its …
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