Company attributes
Venture Capital Firm attributes
Other attributes
Mercuria Energy Group is a venture capital firm in Geneva that focuses on energy commodities. Founded 2004 in Geneva, Switzerland, it is a privately held Swiss international commodity trading company active over a wide spectrum of global energy. Mercuria trades physical oil, energy products, and other commodities from business hubs in Geneva, London, Singapore, Shanghai, and Houston. It seeks to invest in partnerships with customers, commodity producers, and service providers. The company acquired TreFoil Energy on January 25, 2011. TreFoil is an exploration and production company offering sustainable energy solutions for commercial buildings, including data centers.
The company's core business is sourcing, supplying, and trading crude oil and refined petroleum products. From these origins, the business portfolio was expanded to encompass petrochemicals, biofuels, environmental products, natural gas and LNG, power, coal, iron ore, base metals, and a range of other dry bulk commodities and agricultural products. The group had a boom year in 2020, buoyed by the volatility seen in oil markets as a result of the COVID-19 pandemic, including strong returns across its portfolio—specifically gas and power. Mercuria Energy Group made $786 million in 2021, compared with $576 million in 2019.