FEMT bets on Black
Fortis Energy Marketing and Trading (FEMT), the energy trading division of investment bank Fortis, has appointed Don Black as head of power & gas trading. Black will be based in Houston, and will report directly to FEMT president Luc Machiels.
Black leaves his role at UBS as managing director and head of natural gas trading for North America. Black joined UBS as part of its 2002 Enron acquisition. From 1993 to 2001, he was involved in US and international electricity markets for Enron. He also
More on Financing
Deal of the year: Intersect Power
Energy Risk Awards 2025: Clean energy company secures significant BESS financing amid market volatility
Innovation of the year – Project: Tramontana
Energy Risk Awards 2025: Finance specialist develops transformational agroforestry project
Sustainable finance house of the year: Bank of America
Energy Risk Awards 2025: Bank furthers commitment to sustainability with large-scale transactions that showcase innovation, ingenuity and vision
Supply chain decoupling fires up alpha focus at BofA
Talking Heads: Stock dispersion sees funds gross up on long/short baskets, while US structured notes come of age
Sustainable bond markets miss an options trick
A derivatives mindset could boost lagging sustainability-linked market, argues climate think-tank
UBS precious metals team shines amid market turmoil
Global uncertainty always adds allure to precious metals, putting a premium on the long-standing relationships and cutting-edge technology of the UBS precious metals team
A global solution to market developments
Sponsored content
