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Trading Firm, Whose Founder Was Profiled As "Smartest Man In Trading", Seeks Texas Retail Provider Certificate

November 15, 2024

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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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DRW Energy Trading LLC applied for an Option 2 Texas retail electric provider certificate

Option 2 REPs are limited to serving customers 1 MW and larger which provide an affidavit agreeing to such service

DRW Energy Trading, which has been active in wholesale energy trading, is part of DRW, which has described itself as a diversified trading firm

DRW's founder and controlling shareholder, Don Wilson, was recently the subject of a profile in the London Financial Times which asked: "Is Chicago’s Don Wilson the smartest man in trading?" (Nov. 11, 2024).

DRW's businesses include providing cryptoasset liquidity (Cumberland), real estate investing (Convexity), venture capital, and carbon financing and investment solutions (Artemeter)

Earlier this year, Frank Kukielka joined DRW as Managing Director, US Power Origination

Kukielka previously held roles in origination and structuring at PPL EnergyPlus and Talen Energy. Most recently, Kukielka had served as Vice President of Origination at Boston Energy Trading and Marketing

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