Sempra Energy Europe Limited (SEEL)

Overview

Successful since its inception in 1999 SEEL continues to be one of the leading multi-commodity trading companies in Europe. SEEL is active in the majority of European markets including Central and Eastern Europe. SEEL transacts extensively in power (including emissions), gas, coal and oil markets.

Our dynamic and innovative team offers expert tailor made risk management solutions for financial and physical products, for both consumers and producers.

Support

Legal

SEEL can rely on its own fully comprehensive in-house legal department which deals with all trading agreements (both physical and financial) and trading business related matters; furthermore, the department provides support in respect of compliance and corporate issues.

Credit Risk Management

SEEL's in house Credit Department is charged with the proactive management of counterparty credit risk in the trading portfolio. Counterparts for transactions are individually checked and approved by the Credit Department. Internal ratings are assigned and trading limits are allocated using Sempra's Credit Risk Management policy guidelines. Master Trading Agreements, Netting Agreements and Credit Support documents are put in place to minimise Sempra's credit exposure as appropriate.

Facts

SEEL, a multi-commodity trading company, is an affiliate of Sempra Energy Trading Corp. ('SET') and launched in 1999 with its headquarters in London, UK.