Macquarie Commodities and Global Markets has established a new power producer and supplier in the Japanese energy market.
The new subsidiary, known as Macquarie Energy Japan (MEJ), marks Macquarie’s entry into the physical electricity market in Japan.
MEJ will provide electricity and cross-commodity hedging, financing and carbon-neutral solutions to power generators, retailers and companies with exposures across the energy value chain.
“The launch of Macquarie Energy Japan further expands and diversifies our offerings in Japan,” said Matthew Jones, head of power trading, Japan, for Macquarie Commodities and Global Markets. “We look forward to building long-term partnerships with clients by supporting their specific business needs, as well as continuing to contribute to the development of the Japanese energy market.”
Macquarie commenced operations in the Japanese electricity market in 2019, executing the first Japanese electricity futures trade o
