The initiative is an extension of a partnership with Australia-based IFM that took shape when the fund manager took a 50% stake in Trafigura subsidiary Impala Terminals in 2018 Commodities trader Trafigura Group has formed a new company, Nala Renewables, as a joint venture with IFM Investors to invest in a series of solar, wind […]
Electrical major Polycab to buyout Ryker from Singapore-based Trafigura
Mumbai (Maharashtra) [India]: Leading electricals brand Polycab India Ltd (PIL) said on Saturday it has signed an agreement with Trafigura Pte Ltd of Singapore to acquire 50 per cent stake in Ryker Base, thereby terminating the existing joint venture (JV). PIL had entered into a 50:50 joint venture with Trafigura in 2016 to incorporate […]
Energy trader Trafigura invests in its first solar project in Mali: statement
LONDON: Global commodities trader Trafigura has made its first investment in a solar power farm, located in Mali, as part of the company’s efforts to develop a renewable energy footprint, it said on Wednesday. The project in Kita outside the capital Bamako will have a capacity to produce 50 megawatts (MW) of electricity when construction […]
Trafigura opens renewables division in energy transition push
The new division will include a power trading platform, initially focusing on Europe and the United States, a Trafigura spokesman said LONDON: Trafigura opened a new power and renewables trading desk as part of an energy transition push that is prompting trading houses and oil firms to look for ways to diversify away from fossil […]
