Centrica Energy has announced that its US office in New York is now fully operational, marking a significant milestone in the company’s North America expansion strategy. Located

near Bryant Park at 11 W 42nd St the office will serve as a hub for Centrica Energy’s physical

gas trading activities in the United States.

New York has been selected as Centrica Energy’s US location due to its access to top-tier energy trading talent and its strategic relevance to the broader North American energy market. The office will support Centrica’s plan to establish an integrated gas, power, and certificates risk management business in the US, mirroring its successful European operations.

 

Industry veteran and key profile, Chris Silva, has been appointed as Head of US Physical Gas Trading, leading the US team on the ground. Silva brings over 30 years of extensive experience within energy commodities, gas trading, risk management and business leadership from various banking and financial services institutes, most recently Morgan Stanley, DV Trading LLC and BNP Paribas.

 

Supporting the buildout of operations, another industry veteran, Heather Mason, will serve as US Chief Operating Officer, ensuring the seamless integration of Centrica Energy’s global trading capabilities into the US market.

 

This development follows Centrica Energy’s initial entry into North American power markets in 2024 and reflects the company’s ambition to expanding its footprint across the continent. A key part of this expansion is the integration of Centrica Energy’s global trading desks, including LNG, pipeline gas, and power. This collaborative approach was a major factor in establishing the US office and will enable the company to deliver a unified and efficient trading strategy across regions.

 

The US energy market is undergoing rapid change, creating demand for more agile and efficient trading solutions. Centrica Energy sees strong potential to apply its global expertise to help balance increasingly volatile power markets and optimise gas flows. By building out its capabilities in physical gas and risk management, the company aims to support the broader energy transition across North America.

 

The company’s integrated approach, built on decades of experience across European markets, will be key to unlocking value and resilience in North American energy markets.

The full operational launch of our New York office is a pivotal moment in our North American strategy and ambitions. It builds on the momentum of recent deals and demonstrates our confidence in the global role of the North American energy markets. By leveraging our global trading expertise, we are well-positioned to deliver commercial growth and provide value for our partners in one of the world’s most dynamic energy landscapes.

Cassim Mangerah, Managing Director of Centrica Energy

The US market presents tremendous opportunities for Centrica Energy. With our deep experience in physical gas trading and optimisation, we’re ready to bring value to producers, transporters, storage operators, and consumers. Our New York office will be a key platform to scale our operations and deliver innovative energy solutions tailored to the needs of the US market in alignment with Centrica Energy’s global growth.

Chris Silva, Head of US Physical Gas Trading in Centrica Energy,

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