Energy

What are the challenges for an energy company?

Investments inflows in different currencies.

Given the global nature of companies within the energy sector, investment flows can come from all over the world. As an example, a UK based company receives funds from European or US based investors. These funds would have to be converted into GBP for the company to start using. Immediately, an exposure to exchange rates arises.

Purchasing of materials from suppliers based abroad

For most energy plants, products bought are denominated in US dollar. Movements in the US dollar can therefore impact company's bottom line as these parts can become expensive for non US companies.

Acquiring companies based in different countries

Consolidation of companies within the energy sector is common due to the high sunk costs involved and in order to compete with larger companies within the space. When a company therefore wishes to expand and purchase an overseas business, the acquired asset has to be bought with the local currency of the country where the firm is based. A requirement here is then to convert the currency into the purchaser's currency.

Selling energy to customers based abroad

The global nature of the industry means that energy firms may be receiving revenue streams in multiple currencies from utility companies based all over the world. Managing the currency exposure of these inflows, netting them off and converting them back into a firm's base currency needs to be considered.

What can you expect?

Bespoke
service

24/7 global
payments platform

Our network of
liquidity providers

Transparent
pricing

Trade
analysis

Track record
of 40 years+

Smart
technology

Bespoke
service

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24/7 global
payments platform

Our network of
liquidity providers

Transparent
pricing

Trade
analysis

Track record
of 40 years+

Smart
technology

FAQ's

Our technology

Our online platform was built by us and is owned by us which means that we are completely in control when it comes to offering our clients an easy to use interface. efficiency. speed and security when it comes to sending money abroad. Make use of our clever dashboard tools to mitigate any exposures you may face.

Price transparency

We want to save your business time. energy and money. Our completely transparent model means no hidden fees. We have an up front fixed fee model that is based on your company requirements and profile. This means that any time you transfer you know exactly what will be charged from our end.

Our people

Every business is only as good as it's people and we have invested heavily in a knowledgeable team of individuals who understand business and want to implement clever cost cutting solutions. Our on demand service means you can place your international payments online 24/7 or call into our dealing desk.

Core values and expertise

With over 30 years in this sector we live and breath the foreign currency markets. We are genuinely interested in learning about businesses and understanding individual requirements. Every person within our organisation is dedicated to finding solutions to protect a Client's bottom line and offer the best execution.

Currencies		Sterling FX rates	Bank rates	You could save (for £1000)

*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.

Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.