Mercuria

We are thrilled to announce our new long-term partnership with Oman LNG, marking a significant step forward in our commitment to meeting the growing energy demands of our customers worldwide. Starting in 2025, we will begin receiving annual shipments of LNG on a FOB basis, enhancing our position in the LNG trading landscape. This collaboration not only strengthens our portfolio but also aligns with our strategic goals of expanding our reach in the global energy market. We are excited to work alongside Oman LNG, a key player in delivering reliable and sustainable energy solutions, to contribute to global energy security and sustainability. We look forward to a successful partnership that brings value to both parties and supports the diversification and stability of global energy supplies. Learn more: https://lnkd.in/e2mHxzE3 #Energy #LNG #Partnership #Sustainability #GlobalMarkets

We’re pleased to share that Solar Proponent LLC, a leading developer of utility-scale solar and storage projects in ERCOT, has executed 1.6 GW AC of power purchase agreements (PPAs) across four projects in Texas with a leading technology company. This milestone underscores the growing demand for renewable energy and the critical role solar power plays in decarbonizing the energy landscape. As a proud backer of Solar Proponent, alongside EnCap Investments and Yorktown Partners, Mercuria is committed to supporting innovative projects that advance the energy transition. These PPAs will not only deliver much-needed energy capacity to the ERCOT market but also help corporate partners achieve their sustainability goals. Cassandra Rinaldo, CEO of Solar Proponent, shared: "Strong corporate interest has been essential to enabling financing of new power capacity to meet growing demand. These projects will provide needed energy capacity to support a growing ERCOT power market and aid our counterparty in achieving its decarbonization goals." We’re proud to support Solar Proponent’s mission of creating sustainable electricity infrastructure and look forward to seeing their continued success in 2025 and beyond. 🔗 Read the full press release: https://lnkd.in/dfu7NXZv #EnergyTransition #RenewableEnergy #SolarPower #ERCOT #Sustainability #SolarProponent

Mercuria is thrilled to have supported the International Air Transport Association (IATA) in their inaugural procurement event for Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) Eligible Emissions Units (EEUs). This successful event marks a significant step forward in the aviation industry's commitment to sustainability. With 32 airlines participating and 11 purchasing EEUs from the Government of Guyana, this marks the first large-scale purchase of CORSIA Phase 1 EEUs by airlines. James Cooper, our Head of Origination EMEA, Environmental Products, emphasized the importance of this initiative: “Mercuria’s mission is to leverage the power of markets to direct funds to vital carbon offset projects and enable companies to meet their emissions targets. The procurement event sent an important signal that EEUs command a premium price, which should encourage greater supply to flow to CORSIA rather than other sources of offset demand.” IATA, via the Aviation Carbon Exchange, intends to host quarterly CORSIA EEUs procurement events for airlines in 2025, with the next event being held alongside Guyana and Mercuria this quarter. We look forward to continuing our collaboration with IATA and other partners in future events, supporting the aviation industry's decarbonization goals. 🔗 Learn more about the event: https://lnkd.in/eRTv7Tvr #Aviation #Sustainability #CORSIA #CarbonOffsetting #IATA #Guyana

🌟 Exciting Opportunities in AI and Machine Learning! 🌟   A big thank you to everyone who reached out to our new Head of AI, S. Karthik Mukkavilli, following his recent post about hiring. We were thrilled to see such an overwhelming response and enthusiasm for our machine learning and software engineering roles! 🚀💻   To streamline the process and ensure we capture all your brilliant talents and ideas, we've set up a dedicated webpage where you can learn more about the roles in Geneva, Houston, and Auckland, and submit your details. This will help us manage the incredible interest and get back to you more efficiently.   🔗 Check out the opportunities and apply here: https://lnkd.in/emsdux5r   ✨Join us in shaping the future of AI in energy trading and beyond. We can't wait to see what you bring to the table!   #AI #MachineLearning #DeepLearning #EnergyTrading #Innovation #CareerOpportunities

❓ What do Shipping, Forests, Info Security, and Singapore have in common? 🌟 Well, apart from each containing the letter "S," they are also the focus of the next Mercuria Hackathon! 🚀 From March 7-9, 2025, you have the opportunity to join us at the Marina Bay Sands expo & conference centre in Singapore for an epic 48-hour innovation sprint. This is your chance to tackle real-world challenges in global shipping, sustainability, geospatial technology, and cybersecurity—all while working alongside some of the brightest minds in the industry. 💡 What’s in it for you? ✅ Solve complex challenges using cutting-edge tools like AI/ML, data visualization, and geospatial analysis. ✅ Collaborate with industry leaders and like-minded innovators. ✅ Compete for exciting prizes and career-boosting opportunities. 👥 Who: Computing students at Singapore universities 📅 When: March 7-9, 2025 📍 Where: Singapore Ready to hack the future? Visit our website to learn more and apply: ⏲ Applications close: Monday, February 10, 2025—don’t wait, secure your spot today! Let’s innovate, collaborate, and create impactful solutions together. 🌍💡 #MercuriaHackathon #Innovation #TechForGood #Singapore2025 #Hackathon

We're thrilled to support Fervo Energy in their latest funding round, which underscores the growing demand for innovative, 24/7 carbon-free energy solutions. At Mercuria, we are committed to advancing the energy transition, and this partnership with Fervo demonstrates our dedication to fostering sustainable and scalable energy technologies. Congratulations to Fervo on this significant milestone, and we look forward to seeing the impact of their groundbreaking projects in the years to come. 👏👏👏

We are pleased to announce our partnership with the Zambian Government's Industrial Development Corporation to launch a new metals trading company. This collaboration is a significant step in expanding our presence in the metals market and supporting sustainable development in Zambia. As Kostas Bintas, our global head of metals and minerals, commented, "This partnership underscores our commitment to investing in local economies and fostering growth." We are excited about the opportunities this venture will bring and look forward to contributing to Zambia's economic development. ➡ Read more: https://bit.ly/4fpXGfA #Zambia #MetalsTrading #SustainableDevelopment #Mercuria

🌟 Hackathon Alert! 🌟   We're thrilled to announce that the next edition of the Mercuria Hackathon will be coming to Singapore in the first quarter of 2025! While we're keeping the details under wraps for now, we promise an event filled with innovation, collaboration, and cutting-edge solutions—a fantastic opportunity for innovators based in Singapore.   🔍 Want to be the first to know when applications open? Pre-register your interest today and stay updated on all the latest developments. Simply visit our website and select Singapore as the hackathon of interest: https://lnkd.in/ehmstPYe   🌍 If you're not based in Singapore, don't worry! We're always looking to host hackathons in other locations around the world and you can use the same form to pre-register for a hackathon in a region of your choice.   🔄 Know someone in Singapore who would thrive in this environment? Share this post with them and encourage them to get involved 🏆   Join us on this exciting journey and be part of a community that's shaping the future of technology and innovation. Don't miss out on the opportunity to connect with like-minded individuals and showcase your skills.   Stay tuned for more updates and get ready to hack your way to success! 🚀   #MercuriaHackathon #Hackathon2025 #Singapore #SingaporeEvents #FutureOfTech

Yesterday, we had the opportunity to participate in the DAV Recruit Military Job Fair in Houston. We take pride in attending events like this throughout the year, where we connect with veterans and introduce them to the Mercuria Apprenticeship Program. Accredited by the U.S. Department of Labor, this program is specifically designed to help veterans transition their skills into meaningful careers in the energy and commodities sectors. Interested? Learn more ➡️ https://lnkd.in/eVWNV8Yk   #veteransinenergy #careeropportunities #hireveterans

We are pleased to announce the successful closing of our $3.4 billion one-year Secured Borrowing Base Facility in North America. This oversubscribed facility underscores our strong financial position and commitment to growth.   "The successful refinancing secures greater liquidity and flexibility for the Group as we advance our commodities footprint and energy transition goals," said Guillaume Vermersch, our Group CFO.   Thank you to our banking partners for their confidence in our vision and business model as we accelerate our strategic initiatives in the North American market.   Read more: https://bit.ly/3Vohf0D   #Finance #EnergyTransition #NorthAmerica #Mercuria