Hartree Launches New Green Venture to Supply Cleaner and Cheaper Energy to UK Businesses

Hartree Launches New Green Venture to Supply Cleaner and Cheaper Energy to UK Businesses

July 21, 2020

London, 21/07/2020

Hartree Partners, one of the world’s major commodity and energy trading houses, is today introducing Hartree Solutions, a green venture that will supply low-carbon energy to UK businesses, significantly reducing both costs and emissions.

Fully-financed energy solutions

Hartree Solutions will fully finance and build low-carbon power generation for large users of energy, reducing bills by up to 30% via a long-term fixed-price contract. The solution offers energy freedom for businesses with zero capital investment.

Until now, consumers have been unable to access real-time energy market pricing and have been locked out of the benefits this can bring. By partnering with Hartree Solutions, businesses can gain from the security of its traders’ expertise in strategic price risk management, without putting their capital at risk.

“Everyone wants to go green and everyone wants cheaper bills, but the two don’t generally go hand in hand,” Adam Lewis, a partner at Hartree, said. “Hartree Solutions enables businesses to benefit from our trading expertise and market knowledge to deliver a single solution that not only lowers their energy costs but also provides a pathway to a greener future.”

Hartree Solutions will analyse the consumption needs of a business to determine its best energy solution and the most effective way to transition towards a fully green operation. Using Hartree’s innovative artificial intelligence (AI) system, the output of new or existing onsite generation is optimised to maximise savings and minimise exposure to market volatility.

The Hartree Solutions trading team uses its AI model, which sets the operating parameters of the generation assets to maximise revenue streams based on real-time market conditions and expected changes in market prices. These same AI algorithms are also used to calculate when the marginal use of carbon is high, allowing Hartree Solutions to simultaneously reduce carbon emissions.

Installation of energy-generating technology

Hartree Solutions will install solar, wind or gas-powered generation or energy storage such as batteries, either onsite or on a suitable nearby location. Part of the optimisation will involve the seamless back up of intermittent renewable supply to provide total power demand at one low fixed price.

“We’ll do what we’re best at to remove the headache of rising prices so businesses can focus on what they’re best at,’’ said Lewis.

Companies can further reduce their carbon footprint via Hartree’s Verified Emissions Reduction (VER) credits. The offsetting service reduces greenhouse gas emissions by directly investing in internationally recognised climate protection projects.

“When customers buy carbon offsets through Hartree Solutions they are choosing carbon savings that are real, immediate, permanent and don’t lead to additional emissions elsewhere,” said Lewis.

Hartree Solutions can help businesses with energy bills of £500,000 a year or higher. Over the last year, it has met the needs of hotel chains and data centres and is working with manufacturing companies in sectors such as food and beverage, chemicals, and mineral processing.

As a complement to its existing investment portfolio in the UK, Hartree Solutions has substantial capital and resources for additional projects and welcomes the opportunity to work with new partners.

For more information on Hartree Solutions, including the true green energy and carbon offsetting schemes, please contact us.

Contact Us


Chart outlining customer savings over a 12 mont period

“Hartree Solutions enables businesses to benefit from our trading expertise and exposure to markets to deliver a single solution that not only lowers their energy costs but also provides a pathway to a greener future”
– Adam Lewis, partner of Hartree

About Hartree Partners

  • Hartree Partners is a global merchant commodities firm specialising in energy and its associated industries. It focuses on identifying value in the production, refinement, transportation and consumption of tradable commodities and anticipating opportunities in the supply chain where they may be under or over-valued.
  • Founded originally in 1997, Hartree has a global reach spanning 12 offices and over 100 traders. The company’s rigorous research, analytical approach, and entrepreneurial culture have contributed to its strong track record and growth over that time.
  • Hartree Partners is owned by the company’s managing partners, senior staff, and Oaktree Capital, an alternative investment company with over $113bln of assets under management and a major investor in low carbon and renewable technologies.

About Hartree Solutions

  • Hartree Solutions is a wholly-owned subsidiary of Hartree Partners Investments, LP
  • Hartree Solutions, working in conjunction with Ampyr Energy UK LLP, Hartree’s specialist renewable energy joint venture, can supply 100% true green energy from new solar and wind generation projects connected directly via a “private wire” to a customer’s site thereby guaranteeing the green status of every kWh supplied.
  • Ampyr Energy is the global energy brand of AGP Group, a Singapore-based global renewable energy investor, developer and asset manager. Hartree and Ampyr’s unique collaboration joins Hartree’s merchant energy skills with the expertise of the AGP team that developed the 11.1 GW Equis solar, wind and hydro portfolio. Ampyr Energy UK is in the process of developing over 1GW of onshore wind and solar capacity.

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written by
Adam Lewis

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Kansai Electric Power Group and Hartree Partners sign first term contract in Japan coupling LNG supply with carbon investments. 

Japan, 14th December 2023: Japanese power company, Kansai Electric Power Group (Kansai Group), has signed…

Japan, 14th December 2023: Japanese power company, Kansai Electric Power Group (Kansai Group), has signed a binding term agreement with Hartree Partners for the supply of LNG alongside investment in a nature-based carbon project in Australia, the first deal of its kind in Japan. The deal represents Kansai Group’s long-term commitments to decarbonisation and the provision of low-carbon energy for its customers. 

This LNG supply agreement enables KE Fuel Trading Singapore Pte. Ltd (KEFTS) to grow its LNG portfolio which will support Kansai Group’s LNG supply-demand situation and customers around the globe.  

Also, through its expertise in global carbon markets and its project portfolio in Australia, specifically focused on nature restoration, Vertree Partners, Hartree’s global carbon market arm, will support The Kansai Electric Power Co., Inc. (Kansai Electric) to access future supply of high-integrity carbon credits to support its Zero Carbon Vision.  

Both companies will explore potential opportunities to support Japan’s national net zero targets in areas such as LNG, renewable energy, environmental products and carbon capture and storage (CCS). 

Hartree Partners is a well-established global energy and commodities firm with decades of experience in the physical and financial energy and commodities market. Its wholly-owned subsidiary, Vertree Partners, is focused on decarbonisation and environmental markets.  

“Carbon credits have an important role to play in realising a zero-carbon society,” said Hideaki Ikai, Executive Officer, Operation and Trading Division in Kansai Electric. “Kansai, as a leading company of zero-carbon energy, is proactively studying ways to create a carbon neutral society, and I believe that this collaboration with Hartree Partners will accelerate our activities to achieve the goal of carbon net zero by 2050.” 

Shinichi Kudo, Chief Executive Officer, KEFTS, added “The combination of LNG and carbon credits will give us a promising option to attain our mission to provide our customers with stable energy supply and decarbonization solutions.” 

Ahmed S Al-Awa, Managing Director of Hartree Partners Singapore Pte. Limited and a Partner of Hartree Partners, said “this forward-looking move by Kansai Electric Power Group sends an important signal that carbon markets are likely to become a key component of the natural gas/LNG value chain as the sector moves to decarbonise.” 

Ariel Perez, Managing Partner of Vertree Partners added “We are committed to supporting Kansai Electric Power Group to make credible investment in the carbon market. The market is evolving rapidly, and companies may be increasingly exposed. Investments such as these support future preparedness whilst also directing finance to nature-based solutions, without which we face continued environmental degradation and eco-system loss and increase the risk of missing our global climate goals.” 


About The Kansai Electric Power Co., Inc. 

Kansai Electric Power Group, as a Japan’s leading electric power company, is aiming for carbon neutrality throughout the entirety of its business activities by 2050 to limit global warming, while increasing energy independence to secure energy supply for its customers, Kansai Group can be found at https://www.kepco.co.jp/english/ 

About KE Fuel Trading Singapore Pte. Ltd 

KEFTS, a 100% subsidiary of Kansai Electric, was established as an LNG trading arm of Kansai Group in April 2017. KEFTS has been supporting Kasai Electric’s LNG supply-demand balance and providing LNG portfolio for customers around the globe, and now enhances its activity to support Kansai Group’s carbon neutrality at its base in Singapore.

About Hartree Partners  

Hartree Partners, LP is a leading global energy and commodities firm with an international reputation for integrity developed over decades. Our expertise enables us to capitalise on the transition from fossil fuels to a low carbon economy. Hartree’s global breadth and reach provide a competitive presence in a comprehensive range of commodity markets, enriched by the firm’s employees who add deep insight, expertise and innovative thinking. More information concerning Hartree can be found at www.hartreepartners.com 


About Vertree Partners 

Vertree Partners enables leading companies and institutions to invest in both nature and innovative climate technologies to assist them in reaching their decarbonisation goals. Founded in 2020, Vertree is focused on driving positive environmental and social impact, and providing its customers access to existing and future supply of high-integrity environmental commodities. It does this through directly financing quality emissions reductions and removals projects; partnering with renowned project developers; investing in innovative organisations and technology-based solutions; and providing its expertise in voluntary and compliance markets, trading, market analytics and risk management. Vertree is wholly owned by Hartree Partners. 



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“With the Federal and State goals for accelerating the energy transition, the US will be one of the fastest growing solar markets in the world and a core strategic priority in realizing AMPYR’s ambition of becoming one of the largest independent renewables developer and operator globally,” said Saurabh Beniwal, Partner at AGP and Board Chair for AMPYR USA.

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“We are excited to take another step forward with AGP into the US market,” said Stephen Semlitz, Managing Director of Hartree. “This new venture allows us to further demonstrate our decades of experience in finding investment solutions, consulting, and generating sustainable and commercially viable strategies for energy renewal and regeneration.”

To learn more about the new US venture visit: www.ampyrenergyusa.com

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