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Danish Trader Eyes Houston for US Energy Expansion

Summary

  • InCommodities A/S plans a new Houston office within six months.
  • The Danish firm is expanding its US natural gas and power business.
  • Five employees are already slated for the new Houston location.
Danish Trader Eyes Houston for US Energy Expansion

InCommodities A/S, a Danish energy trading company supported by Goldman Sachs Group Inc., is set to broaden its US footprint. The firm intends to establish a new office in Houston within the next six months.

This strategic move is aimed at bolstering its existing natural gas and power business operations across the United States. InCommodities A/S currently maintains offices in Austin and Stamford.

As part of this expansion, the company has already secured five individuals to staff the upcoming Houston office. This development signifies a commitment to growing its presence in the key American energy market.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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