Danske Commodities Expands to US

Danish energy trading company Danske Commodities has expanded its trading activities to the United States.

Danske Commodities US LLC is based in Connecticut and is part of the company’s strategy of global expansion.

Besides expanding geographically, Danske Commodities said it is dedicated to growing the size of its business activities. In February, the company became part of Equinor and took over the balancing and optimization of its portfolio of renewable assets.

“Backed by Equinor, Danske Commodities is well-positioned to grow its business activities in terms of products, volumes and markets,” said Danske Commodities CEO Helle Østergaard Kristiansen.

“We aim to continue on our growth path in a controlled manner, combining high ambitions with sound business practice – one market at a time.”

This year, Danske Commodities signed Power Purchase Agreements (PPAs) with the Hywind Scotland floating wind farm, as well as the Sheringham Shoal and Dudgeon offshore wind farms, all in which Equinor holds a share.