Essent Trading is a dynamic, international energy trading company based in Geneva, Switzerland.
We are an organisation that achieves rapid growth, driven by high levels of activity and volatility within the global energy markets. We optimize every segment of the energy value chain, managing both physical and financial delivery for our portfolio or on behalf of our clients. We go to extraordinary lengths to create exceptional value.
Essent Trading works with and for all participants in the energy markets. A unique combination of financial talent, energy expertise and a proactive attitude has enabled us to become an international leader in the field.
And we offer extra depth through our relationship with our parent company, RWE AG. This gives us an intrinsic knowledge of the physical energy infrastructure. So we can expertly cover all areas of the energy value chain: from the sourcing of fuel, to the optimization of gas supplies; from the provision of stable commodity prices to the trade in emissions.
Past and present
Essent NV was formally established in 1999 as a result of the merger of two energy companies: EDON Group NV and PNEM/MEGA Group NV. Essent Trading was also established in 1999, to manage the complex portfolio of assets and long-term contracts that arose from the merger. Since then Essent Trading has built state-of-the art systems and recruited a diverse team of energy professionals, ensuring that our business has flourished despite periods of volatile market conditions, and the deregulation of energy markets across Europe.
On October 1 2009, Essent NV was acquired by RWE AG. As a result, Essent Trading will become part of RWE Supply & Trading to form one of the leading energy trading houses in Europe. However, the Essent Trading name will continue to exist and both Essent Trading Internationl SA (ETISA) in Geneva and Essent Energy Trading BV (EET BV) in Den Bosch will remain subsidiaries of Essent NV for the time being.