Private equity-backed Six One Commodities Global LLC, known as 61C Global, announced plans to open a Houston office as part of its recent acquisition of Vega Energy Partners Ltd. and WGL Midstream Inc.

“This is a transformational opportunity for 61C Global,” 61C Global CEO Ben Sutton said in a statement in an April 26 company release announcing the acquisitions of Vega and WGL Midstream.

61C Global is an international natural gas, LNG and power merchant headquartered in Stamford, Conn. The company formed in August 2018 through the partnership between private, New York-based alternative asset management firm Pinnacle Asset Management LP and Sutton, who had served as head of North American gas and power at Noble Americas Gas & Power Corp.

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