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Citadel to Acquire German Power Trader FlexPower in Strategic Expansion

Citadel to Acquire German Power Trader FlexPower in Strategic Expansion

Author:

Global Cryptocurrency

Published:

2025-10-14 09:14:32

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BTCCSquare news:

Citadel, the global investment powerhouse, has agreed to fully acquire Hamburg-based FlexPower, a specialist in renewable energy trading. The deal marks Citadel's deepening commitment to European power markets and positions FlexPower for accelerated growth.

FlexPower's expertise in managing volatility for renewable generators, battery operators, and industrial clients complements Citadel's formidable risk management infrastructure. The combined entity will trade over 11 terawatt-hours annually across six European countries.

"This acquisition cements our leadership in global energy markets," said Sebastian Barrack of Citadel Commodities. The transaction underscores institutional capital's growing appetite for energy transition infrastructure.

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