EDF Trading appoints Head of Origination for Europe
EDF Trading, a wholly-owned subsidiary of EDF S.A., announces the appointment of Valentino Scavardone as its new Head of Origination for Europe. Valentino took up the new role on April 1 and reports to Philipp Büssenschütt, Chief Commercial Officer.
“The energy market landscape continues to evolve with new opportunities developing especially in the renewables markets and the European Gas markets through increasing LNG imports. Valentino and our Origination team will be working alongside our trading teams to develop new products, identify areas for expansion and continue to grow our customer flow business”, said Philipp Büssenschütt.
“I’m looking forward to growing our Origination business and supporting the EDF Group and our customers,” said Valentino Scavardone.
Valentino joined EDFT in 2010 as a Senior Originator and was appointed Head of Southern Europe Origination in 2013. Prior to joining EDFT, he was at Electrabel – GDF Suez, and E.ON.
For further information, please contact:
Michele Reid, Head of Communications
Tel: +44 (0) 20 7061 4232
EDF Trading is a leader in the international wholesale energy markets. The company manages a portfolio of assets which give it the ability to source, supply, transport, store, blend and convert physical commodities around the world. These capabilities enable EDF Trading to deliver essential asset optimisation services, risk management and wholesale market access to the EDF Group and its third party customers, helping them to realise the value inherent in their asset portfolios.
EDF Trading is active in the electricity, natural gas, LPG, oil and environmental products markets. It is also active in the LNG and coal and freight markets via JERA Global Markets* (“JERAGM*”). EDF Trading is one of the largest wholesale market traders in Europe for power and gas. In North America, EDF is one of the leading marketers of gas and power, one of the main providers of generation services for power generation companies and a leading energy retailer for large commercial and industrial customers.
*JERAGM is a joint venture between JERA Co., Inc. (66.67% through JERA Trading International Pte. Ltd. equity) and EDF Trading (33.33% equity). JERAGM operates one of the largest seaborne energy portfolios in the world.
EDF Trading is a 100% owned subsidiary of EDF SA., one of the world’s biggest electricity generators and a leader in low-carbon production.
EDF Trading has around 800 employees with key offices in London, Paris, Singapore and Houston.
For more information, please visit www.edftrading.com.