As Banks Veer Off, Shale Backer Looks to Fill Financing Gap
- Swiss commodities giant Mercuria eyeing several new ventures
- A year after Evergreen backing, CEO Dunand looking to expand
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Shale drillers are being left behind by America’s increasingly skeptical capital markets. For one of the world’s biggest oil traders, that’s an opportunity.
Swiss commodities giant Mercuria Energy Group Ltd. is in talks on several ventures with shale producers as banks cut back on their exposure to the sector, Chief Executive Officer Marco Dunand said in an interview.