Castleton Commodities International
| Company type | Private |
|---|---|
| Industry | Commodity trading, Energy |
| Predecessor | Louis Dreyfus Energy |
| Founded | 1997 |
| Founder | Louis Dreyfus Company |
| Headquarters | Stamford, Connecticut , United States |
Area served | Worldwide |
Key people | Glenn Dubin (principal shareholder) |
| Products | Commodity trading in various energy sectors, including natural gas and oil |
Castleton Commodities International, LLC (CCI) is a privately owned global trading enterprise specializing in commodity trading within various energy sectors. Founded in 1997 by the Louis Dreyfus Company under the name Louis Dreyfus Energy, it had risen to become one of the leading natural gas marketers in the United States by 2006. Headquartered in Stamford, Connecticut, CCI maintains a worldwide presence with additional offices located in Calgary, Houston, Geneva, London, and Singapore.
In 2006, a partnership was established between New York-based hedge fund Highbridge Capital Management and the Louis Dreyfus Group, creating Louis Dreyfus Highbridge Energy LLC (LDH Energy) to improve market reach and enhance control over energy distribution.
By October 2012, ownership of LDH Energy transitioned to a group of investors including Glenn Dubin, Paul Tudor Jones, and Timothy Barakett. This acquisition from Louis Dreyfus and Highbridge aimed to accelerate growth in energy trading operations. Subsequently, the company was renamed Castleton Commodities International, LLC, with Dubin assuming the role of principal shareholder.
In 2015, Castleton Commodities International broadened its oil trading portfolio through the acquisition of Morgan Stanley’s Global Oil Merchanting Business for an undisclosed sum.