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Gordon Wight, head of east power trading at Deutsche Bank, has joined Freepoint Commodities in Houston.
Wight will run Freepoint’s eastern power business, an industry source told SparkSpread.
Prior to joining Deutsche in 2008, Wight was a portfolio director at NRG Energy and a senior trader at Dynegy.
Deutsche announced in December 2013 plans to shut its dedicated energy trading business.
Separately, Freepoint recently opened a Portland, Ore, office and hired two West Coast power traders from PacifiCorp as part of an expansion of its power trading business.