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August 27, 2015 8:55 PM ET

Capital Markets

Company Overview of RWE Supply & Trading GmbH

Company Overview

RWE Supply & Trading GmbH operates as an energy trading company in Europe. Its wholesale trading activities include physical and derivative trading of electricity, gas, coal, oil, freight, weather derivatives, and CO2 emission certificates, as well as renewable primary energy sources from biomass on spot and futures markets. The company also trades metals for risk mitigation purposes; procures and supplies fossil energy commodities to produce power and heat; provides investment counselling and brokerage, acquisition mediation, financial portfolio management, and trading and financial consignment services; and delivers industrial customers with access to commodity portfolio, logistical and ph...

Altenessener Strasse 27

Essen,  45141

Germany

Founded in 2000

Phone:

49 201 5179 1205

Fax:

49 201 5179 4040

Key Executives for RWE Supply & Trading GmbH

Chairman of Management Board and Chief Executive Officer
Age: 42
Chief Commercial Officer of Commercial Asset Optimisation and Member of Management Board
Age: 55
Chief Commercial Officer of Trading and Member of Management Board
Chief Commercial Officer of Origination & Gas Supply and Member of Management Board
Head of Executive Affairs
Compensation as of Fiscal Year 2015.

RWE Supply & Trading GmbH Key Developments

Knightsbridge Shipping Limited Enters into an Agreement with RWE Supply & Trading GMBH for Chartering Out Total of 15 Capesize Vessels

In January 2015, Knightsbridge entered into an agreement with RWE Supply & Trading GmbH, a wholly owned subsidiary of RWE AG (a major European energy company), for chartering out a total of 15 Capesize vessels on long term, index-linked contracts. The vessels are expected to be delivered over the next five quarters starting in the first quarter 2015. In January 2015, Knightsbridge took delivery of KSL Sakura, KSL Seville, KSL Seoul and Golden Kathrine. These are four of the new building vessels that were purchased from Frontline 2012 in September 2014. On February 5, 2015, an agreement was signed between Knightsbridge (as guarantor), various special purpose companies, or SPCs, (as borrowers) and various banks for a $425.0 million senior secured post-delivery term loan facility. The purpose of the loan is to partially finance 14 new building vessels. The loan is divided into 12 tranches of $30.0 million and two tranches of $32.5 million.

Knightsbridge Shipping Limited Enters into an Agreement with RWE Supply & Trading GmbH

Knightsbridge Shipping Limited announced that it has entered into an agreement with RWE Supply & Trading GmbH for chartering out a total of 15 Capesize vessels on long term contracts. The basis of the transaction is to employ the vessels on index linked contracts. The earning of each vessel is decided through a pre-agreed premium on top of the prevailing spot market (Baltic Cape Index 4 T/C), reflecting the better performance of the new generation Capesize vessels. The vessels will be delivered over the coming five quarters starting first quarter 2015. The transaction is done on a "to be nominated" basis where the company will deliver vessels on a fairly evenly spread basis through until the first quarter of 2016. The duration of each charter contract is approximately five years.

RWE Supply & Trading Announces Management Changes

As of 1 March 2015, Dr. Markus Krebber will replace Stefan Judisch, present CEO of RWE Group's energy trading company RWE Supply & Trading. This will be in addition to his responsibilities as Chief Financial Officer. Stefan Judisch is leaving RWE at his own request. He has been the managing director of RWE Supply & Trading since its establishment and CEO since 2009. Dr. Markus Krebber has been the company’s Chief Financial Officer since November 2012. Two new members of the management board are Peter Krembel and Andree Stracke. Both will start working in their new role on 1 March 2015. Peter Krembel has been working at RWE Supply & Trading since 1999 and takes over the responsibility for the entire trading business in his new role as Chief Commercial Officer Trading. Currently, he is responsible for global trading in electricity and gas. In his new role as Chief Commercial Officer Origination & Gas Supply, Andree Stracke will manage the global origination business and the principal investment and gas supply activities as well as the business activities for industrial customers of RWE Supply & Trading. He has been working at the company since 1999. From 2008 to 2011, he worked for RWE as the managing director of Excelerate Energy in Houston. Alan Robinson will continue his responsibilities as member of the board of management and is in charge of commercial asset management. This function of RWE Supply & Trading optimises fuel purchasing, power plant utilisation and gas storage and transport rights for the RWE Group. Alan Robinson is continuing to work in a dual role, as he is also a member of the management board at RWE Generation SE.

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