Sempra Energy to partner with Royal Bank of Scotland
The joint venture, called RBS Sempra Commodities LLP, will absorb the operations of Sempra Commodities. RBS will provide the joint venture with all growth capital, working-capital requirements and credit support. As a result of this transaction, Sempra Energy estimates it will free up more than $1 billion previously dedicated to the company’s commodities business. Sempra Energy will keep $1.3 billion invested in the joint venture.
“Over the past nine years, we have grown Sempra Commodities to
More on Risk management
Asian banks close out energy clients as Iran war bites
Firms with short jet fuel positions faced losses up to $100 million as initial margin soared 566%
How AI agents can join the dots for risk managers
Citi risk expert outlines agentic AI tool that would pull together structured and unstructured data on trading and lending approvals to create single, unified view of risk
In Iran war, VAR models ease cliff effect on Ice and CME margins
At 105%, EEX – using Span model – saw largest single-day jump compared with those CCPs
Newcomer of the year: Abaxx Exchange
Energy Risk Awards 2026: New exchange sets out to modernise commodity derivatives by aligning them to physical markets
AI project of the year: SOCAR Türkiye
Energy Risk Awards 2026: Risk team harnesses AI to transform RCSA into a scalable, sustainable and internally owned capability
Data, cyber and model risk top IT concerns for risk managers: survey
Energy Risk software survey reveals risk managers’ tech pain points and plans
Energy Risk Debates: the Iran conflict and the widening mandate of the risk manager
Panellists discuss the impact of the Middle East crisis so far on risk teams and the drive towards enterprise risk management
Abaxx: meeting the need for new commodity derivatives
Abaxx revamps commodity hedging with a suite of modern contracts
