Deco

Nordpool: EGL is number one

Oslo,  25. februar 2011

EGL Nordic has once again been selected as the number one power trader in the Nordic countries. This is the third time in a row that EGL’s subsidiary was placed first in the «Energy Risk Commodity Ranking» in the electricity category. The ranking is issued annually by the two technical magazines «Risk» and «Energy Risk». EGL has been successfully present in the Nordic energy markets for years with an extensive, diversified portfolio.

"Our clients and contacts appreciate our expertise and high degree of service, and they have rewarded us again," says Håkon Røhne, Managing Director of EGL Nordic at the awards ceremony in London. Over 2,000 people from the energy branch participated in the survey. The candidates were rated according to criteria such as price, flexibility, reliability, integrity and processing speed.

Standardised trading, tailored products
From the Oslo, Malmö and Helsinki locations, EGL trades with standardised products such as futures, forwards, options and CO2 certificates on the Nordpool exchange or bilaterally with other market players (OTC).

EGL also develops structured products and services, designed specifically to meet the needs and risk policies of individual customers (origination). EGL uses these products and services to buy and sell energy on behalf of energy consumers and producers. Thanks to the pan-European approach, EGL is able to offer comprehensive, optimised portfolio management for international customers (e.g. those in energy-intensive industries).

Not only does the Nordic trading hub place at the top in the «Energy Risk Commodity Ranking». EGL also took gold in Spain; and silver in Italy in the electricity category.


Further information
EGL Nordic AS: Håkon Røhne, Managing Director, T: +47 22 018 406, hakon.rohne@egl.eu
EGL Group: Media Relations, T: +41 44 749 40 10, media.ch@egl.eu