Matrix Energy Trading sells a minority stake to DXT Commodities

RGS Partners acted as exclusive financial adviser to Matrix on the sale of 37,5% of its shares to DufEnergy (DXT Commodities), the energy trading subsidiary of Duferco. Given its size and importance in the world energy market, DufEnergy’s entrance in Brazil was considered a breakpoint in the Brazilian energy trading market

Matrix is an independent energy trader operating in the Brazilian energy market, founded by reputed market professionals with a long history of success. The management has a proven experience based in the implantation of 3 large energy desks negotiating around 50TWh.

Matrix monthly negotiates over 1,000 MW on average, which places the company as the largest independent trading company in Brazil.

The transaction occurred during the worst energy crisis in Brazil since 2001, when maximum historical prices were achieved, in a period of high volatility and strong regulatory instability.

 

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