Duke Energy to adopt Cinergy trading approach

Now that it has shifted most of its derivatives contracts to Barclays Capital, Duke Energy Corp will model its trading and marketing business on that of Cinergy, the Ohio-based utility it is buying.

Investment bank BarCap said in November it would acquire and manage the bulk of Duke Energy North America's (DENA's) power and gas derivatives contracts, as part of the Cinergy takeover, due to complete in the first half of 2006. The bank will receive $700 million for its assumption of DENA's

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

If you already have an account, please sign in here.


Want to know what’s included in our free registration? 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