Fortis enters US power market

Benelux-based Fortis Merchant Banking is to enter the US electricity market, with the acquisition of Duke Energy's commercial marketing and trading businesses.

Fortis says that the acquisition of Cinergy Marketing and Trading and Cinergy Canada will give the group access to new client accounts, enhance its service capabilities and expand its geographic reach.

"With energy trading being one of the strong growth drivers of Fortis Merchant Banking's strategy, and with the deep expertise and financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here