Engelhart Commodities Trading Partners completed the acquisition of Trailstone from Riverstone.

Engelhart Commodities Trading Partners, a global commodity trading company, completed the acquisition of Trailstone, a global energy and technology company, from Riverstone, a private markets asset management firm. Financial terms were not disclosed. “Agreeing terms to acquire Trailstone is an important event in Engelhart’s long term strategy to grow our energy trading platform and enhance our technological capability to play a leading role in the clean energy transition. We have been impressed by the Trailstone team’s innovation in the renewables trading sector and we believe the acquisition and merger will be highly complementary for both businesses,” Huw Jenkins, Engelhart CEO.