Phoenix rises into green markets
Interdealer credit and equity derivatives broker Phoenix Partners has launched an environmental brokerage service for the renewable energy and emissions markets.
Based in New York, Phoenix has created a new subsidiary, Phoenix Commodities, to initially serve US markets including Regional Greenhouse Gas Initiative allowances, voluntary emissions reductions (VER) and compliance and voluntary renewable energy credits (REC). While the focus is initially on green markets, the brokerage will also
More on Energy transition
Deal of the year: ENGIE and Return’s virtual FPA
Energy Risk Awards 2026: Virtual battery portfolio deal provides a template for scaling battery storage across Europe
Environmental products house of the year: Marex
Energy Risk Awards 2026: Marex sees opportunity for environmental commodities in the latest energy crisis
Electricity house of the year: ENGIE
Energy Risk Awards 2026: ENGIE is doubling down on the energy transition, with a push into batteries and 24/7 carbon-free electricity
Newcomer of the year: Abaxx Exchange
Energy Risk Awards 2026: New exchange sets out to modernise commodity derivatives by aligning them to physical markets
Abaxx: meeting the need for new commodity derivatives
Abaxx revamps commodity hedging with a suite of modern contracts
Energy Risk Debates: risk management in the clean energy space
Panellists discuss the unique issues facing firms in renewables, clean energy and carbon markets
ENGIE’s Daronnat: pricing flexibility in the German battery market
Head of flexibility and structured origination in Germany discusses the role of FPAs and what risk teams must consider
Next-gen PPA contracts reshaping European power markets
As energy market participants seek new ways of capturing value from volatility, new skills are required to structure and price increasingly complex power purchase agreements
