ICE Takes Full Control of Dutch Energy Exchange Endex

[kreslik.news]

Intercontinental Exchange (ICE) has acquired the remaining 20% interest in the Dutch energy exchange Endex, which has become a fully owned subsidiary of ICE, encouraged by efforts to expand the brand in a handful of international markets.

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Terms of the transaction weren’t made public but ICE said it was immaterial to their financial results.

The US-based exchanges operator completed the deal with N.V. Nederlandse Gasunie to take full control of the Amsterdam-headquartered firm which provides an accessible continental European trading hub for natural gas and power derivatives.

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