EnergyWatch

Betting on Nordic rain pays better than your average hedge fund

Nordic electricity investment companies delivered greater returns last year than most hedge funds. Price swings spurred the first annual  increase in trading volume at the world's oldest electricity market in eight years.

Getting the weather right was key to Nordic electricity investment companies posting bigger returns than most hedge funds last year.

Nordic Power Trading in Kolding, Denmark, led gains with a 15 percent return, followed by Shepherd Energy Portfolio in Stockholm on 14 percent, according to reports on their websites. That's more than five times the global hedge fund industry's average gain last year, according to Hedge Fund Research Inc.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

RWE criticizes Repower EU

The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.

Further reading

Related articles

Latest News

See all jobs