Southern Energy Inc. names Jomar Eldoy co-chief commercial officer for Europe
AMSTERDAM Southern Energy Europe, a unit of Southern Energy Inc., announced today that Jomar Eldoy has joined the organization as co-chief commercial officer, overseeing energy trading and risk management operations and coordinating sales and origination activities throughout Europe.
Eldoy will share the chief commercial officer responsibilities with Phil Saunders, who will direct market analysis and research, product development and structuring. Saunders has been an executive at Southern Energy Europe for the past year and previously directed marketing and sales operations at Western Power Distribution (formerly known as South Western Electricity), Southern Energy Europes affiliate company in the United Kingdom. Both Eldoy and Saunders will report to Barney S. Rush, chief executive of Southern Energy Europe.
Eldoy, with more than 10 years experience in the European energy trading industry, previously served as senior vice president of Hafslund ASA, based in Oslo, Norway, where he directed energy trading activity in Europe and the United States.
Together, Jomar and Phil will focus on our customer relationships in the key liberalizing markets of Europe, Rush said.
Southern Energy Europe, a unit of Atlanta-based Southern Energy Inc., is a energy trading, marketing and risk management company headquartered in Amsterdam, the Netherlands. Southern Energy Europe markets electricity in Europes wholesale energy markets and had business development offices in Berlin, Germany; Milan, Italy; and Zurich, Switzerland. In addition to Western Power Distribution, Southern Energy Europe also manages Southern Energys investment in Bewag, the electric utility serving Berlin.
Southern Energy Inc. with operations in 13 countries on five continents develops, builds, owns and operates power production and delivery facilities and provides a broad range of services to utilities and industrial companies around the world. Its Southern Company Energy Marketing unit provides energy marketing, risk management and financial services and other energy-related commodities, products and services to customers in the United States and Canada.
Southern Energys parent firm, Southern Company (NYSE: SO), is the largest producer of electricity in the United States and is also the parent firm of Alabama Power, Georgia Power, Gulf Power, Mississippi Power and Savannah Electric.
# # # # #