Castleton Commodities International
Castleton Commodities International, headquartered in Stamford, Connecticut, is a global energy company with over 500 employees and more than 20 years of experience in investing in global energy markets.
Company Overview
Castleton Commodities International (CCI) is headquartered in Stamford, Connecticut, and operates on a global scale with offices worldwide. Formed in 1997 as a subsidiary of the Louis Dreyfus Group, the company underwent a significant change in 2012 when it was acquired by private investors and management, subsequently renaming itself to Castleton Commodities International LLC. With over 500 employees and more than 20 years of experience in global energy markets, CCI has established itself as a key player in the industry.
Energy Infrastructure Investments
Castleton Commodities International focuses on investing in energy infrastructure assets that offer optionality and diverse return profiles. The company invests across the entire natural gas value chain, including storage facilities, wells, minerals, leases, processing, and gathering infrastructure. CCI owns and manages approximately 3,000 MWs of generation capacity across Europe and North America, which includes a range of gas-fired, dual fuel-fired, and wind power plants.
Recent Acquisitions and Investments
In recent years, CCI has pursued a series of strategic acquisitions to broaden its portfolio. Notable acquisitions include Morgan Stanley’s Global Oil Merchanting business in 2015, East Texas assets from Anadarko in 2016, and a controlling stake in Delta-Energy Group in 2017. More recently, CCI acquired a majority stake in UK Battery Storage Company L48 Energy BESS Ltd. in December 2023, and a majority stake in New Salem Harbor, a combined cycle power plant in 2023. CCI remains focused on expanding its energy assets while aligning with its commitment to not engage in coal-related activities.
Energy Generation and Trading
CCI operates several power generation facilities, including the 786 MW Bizkaia Energía in Spain and the 1,210 MW dual fuel-fired Roseton power plant in New York. The company is also active in the marketing and trading of light ends, such as ethane, propane, and butane, particularly in North America. Its comprehensive range of power assets and trading activities positions CCI as a leading entity in the global energy market.
Environmental, Safety, and Health Initiatives
Castleton Commodities International has a strong commitment to environmental, safety, and health (ESH) standards. The company implements a comprehensive ESH program focused on innovation and improving operational performance. By committing to not acquiring any coal assets and avoiding engagement in the marketing and trading of physical coal, CCI aligns its operational practices with its environmental responsibilities. Continuous improvements in safety and health practices are a core part of the company's operational ethos.