James Blake
Calgary, AB (CAN)
Role(s):
Synergy Power Marketing
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Startup
Location:
Calgary
Industry:
Energy
Year Founded:
2007
Number Employees:
INVALID
Description:
We are setting up a trading shop to trade financial/physical electricity contracts between the MidC market
(northwest US) and the Western Canada market. The 2 principals have been doing this successfully for
another trading shop for 6 years, with consistent earnings of between $2M and $35M every year.
Alberta is facing a severe electricity shortage because of its spectacular oilsands (URL removed) there
will be exciting arbitrage opportunities between the 2 markets. We already have personal relationships
with all counterparties. We have 13 licenses to operate ready to go. We have proven expertise and
superior market tools that allow us to compete at an advantage to our competitors.
Every purchase we make already has a buyer to resell it to, and every sale