Wholesale Energy Trader Backed By PE Seeks Texas Retail Electric Provider Certificate

TrailStone Energy Marketing, LLC applied for an Option 1 Texas retail electric provider certificate

TrailStone Energy Marketing is part of the TrailStone Group, which is engaged in wholesale energy and commodities trading, and offers various asset management services. TrailStone Group was formed in April 2013 and is a group of companies funded by Riverstone private equity group.

Lee Haust recently joined TrailStone as a Structurer. Haust previously served as Senior Structuring Analyst, Wholesale Energy and also Senior Analyst, Project Structuring, Distributed Energy at Constellation

In its Texas REP application, TrailStone Energy Marketing, LLC did not seek to have the option of collecting deposits or advance payments from customers

TrailStone affiliates operating in Texas include self generators HGTS, LLC and TS Sweetwater, LLC

TrailStone NA Asset Holdings LLC, a member of the TrailStone Group of companies, had in 2015 previously acquired a strategic equity interest in MP2 Energy LLC, prior to MP2 Energy LLC's later acquisition by Shell