EGL Nordic AS purchases a portfolio of financial electricity contracts from Finland

EGL Nordic AS (EGL Group) has signed an agreement to purchase the entire portfolio of financial electricity contracts from Nordic Energy Oy. With this purchase EGL Nordic expands its already successful trading and origination activities in the Nordic power market.“This portfolio fits very well with EGL Nordic’s long-term strategy. We see this transaction as a door opener to new projects and new trading partners in the whole Nordic area. This also proves the financial strength and long term commitment of EGL in the Nordic market.”, says Harald von Heyden, managing director of EGL Nordic.