Bridge of Cally to promote energy

Scottish-based Bridge of Cally Energy Investments is preparing to launch a European Energy fund, writes Sophie Radnor.

Principal Stephen Mooney confirmed that the fund will invest in emerging energy markets in Europe, mainly in gas and electricity, but will also consider expanding into oil and weather derivatives.

The fund was set up as a response to the changing nature of the European gas and electricity industries.

Privatisation and deregulation of the major gas and electricity suppliers has