ferriter scobbo client hedges oil with new ISO program

A program designed to ensure ISO New England has enough generation to meet peak demand during the winter months allows ISO participants to bid on providing, storing it, and then using it to generate electricity during peak times throughout the winter. Our client was a successful bidder. Ferriter Scobbo helped our client hedge the price of the oil it purchased so as to protect its downside risk through a derivative hedging agreement. 

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