Score

1.52 /10
Danger

CCI

United States

5-10 years

Suspicious Regulatory License

High potential risk

C

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Score

Regulatory Index0.00

Business Index7.08

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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CCI · Company summary

General Information & Regulation

CCI was established in 1997 as a subsidiary of the Louis Dreyfus Group and became Louis Dreyfus Highbridge Energy LLC in 2006. Acquired in 2012 by a group of private investors and management, the company was renamed Castleton Commodities International LLC. CCI closes on its acquisition of Morgan Stanley‘s Global Oil Merchanting business, one of the world’s leading physical oil and products franchises in 2015. In 2016, CCI acquired certain East Texas assets from Anadarko, making it an independent gas producer in East Texas. And then in 2018, CCI, as part of a JV, acquireed a power portfolio from Eversource Energy, rebranding it Granite Shore Power. CCI also acquires NorTex Midstream in Texas and a 50% stake in the Enecogen Power Plant in the Netherlands. In 2019, CCI acquired Sherbino I wind farm in Texas, Mt. Storm wind farm in West Virginia and acquires Shells Haynesville assets through TG Natural Resources. In 2020, CCI acquires a natural gas-fired combined cycle plant in Amorebieta, the Basque Country, Spain and acquires upstream assets in Northern Louisiana through TG Natural Resources.

CCI Business

CCI offers trading in Oil, Natural Gas, Power.

Delta-Energy Group

CCI, through one of its subsidiaries, has a controlling stake in Delta-Energy Group (“DEG”), a green chemical company that converts end-of-life tires into specialty chemicals and recovered carbon black. DEG has developed a proven and patented process to recover carbon black and marketable oil liquid from used tires and operates a commercial-scale plant in Natchez, Mississippi, with a daily processing capacity of 100 tons of end-of-life tires. CCI completed the transaction in June 2017. DEG is owned in partnership with Bridgestone Americas and DEG's founders.

Realized Assets

This part includes Sherbino I Wind Farm LLC (The Sherbino I Wind Farm is a 150 megawatt wind farm in Pecos County, Texas that sells renewable energy into ERCOT), Nedpower Mount Storm LLC (NedPower Mount Storm (“Mt. Storm”) is a 264 megawatt wind farm located in Grant County, West Virginia approximately 120 miles west of Washington, D.C. Mt. Storm sells renewable energy and capacity directly into PJM), NorTex Midstream Partners, LLC (NorTex owns and operates 36 Bcf of working gas capacity in two depleted reservoir storage facilities that serve the Dallas-Fort Worth metroplex with 890 MMcf/day of maximum deliverability. Additionally NorTex owns and operates the associated Tolar Hub, a significant trading hub in North Texas which is listed on the ICE trading platform).

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