Press Release
Elektrizitäts-Gesellschaft Laufenburg AG (EGL) Signs Up to globalCOAL®'s Electronic Trading Platform
LONDON, UK - 11 June 2008
globalCOAL® is delighted to announce that European energy trading company Elektrizitäts-Gesellschaft Laufenburg AG (EGL) has become the latest Market Member to join globalCOAL's online coal trading platform.
"It is great to see another power sector player enter the globalCOAL community," said Eoghan Cunningham, CEO of globalCOAL. "This further underlines globalCOAL's central role as a hub for physical and financial coal trading in Europe and internationally."
EGL trades in electricity, natural gas and energy-related financial products. The company holds interests in Swiss power plants, owns a gas-fired combined-cycle power plant in Italy and holds long-term electricity supply contracts with electricity producers in France. It is investing in the construction of its own production capacities and transport infrastructure in key European markets.
Elektrizitäts-Gesellschaft Laufenburg AG (EGL) brings the total number of globalCOAL Market Members to 82.
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