Pavilion Energy’s transaction to acquire Iberdrola’s portfolio of LNG and gas assets was completed on 1st January, which marked the launch of its European expansion. LNG trading operations and natural gas supplies into the UK and Spain started on the same day from the company’s new European headquarters in Madrid.
A number of appointments accompanied the announcement, including José Simón as Managing Director of Pavilion Energy for Europe and Alan Heng as Managing Director for Asia.
Heng takes on his new role in addition to his responsibilities as Head of the Energy Sales & Market Development division, while Simón (formerly Head of Global Gas at Iberdrola) will oversee the organisation’s European gas trading and global LNG portfolio management & origination business divisions.
Frédéric H. Barnaud, Group CEO of Pavilion Energy, said he was “pleased to have achieved such a seamless transition in close partnership with Iberdrola and with the great support of our many stakeholders.”
For more information visit www.pavilionenergy.com