Boston Energy Trading and Marketing LLC Email Format
UtilitiesMassachusetts, United States51-200 Employees
BETM is a utilities sector company based in Boston, Massachusetts at 2 International Place, and a wholly-owned subsidiary of Mitsubishi Corporation within the Diamond Generating family. The firm provides asset management and optimization services to owners of generation assets and energy storage in North America, and it supplies wholesale energy to utilities and municipalities, with traders active in New England, Midwest, and Western markets. It uses a fundamentals-based approach and develops and maintains electric-transmission, gas network, and supply/demand models to inform market views for trading opportunities. BETM has over 35 years of experience optimizing generation assets, with roots in Citizens Power dating back to 1989, when the company obtained the first FERC power marketing license and market-based-rate authorization. The organization is part of Mitsubishi Corporation; in August 2018 BETM was acquired by DGC Co from NRG Energy, and prior to 2014 it was known as Edison Mission Marketing & Trading.