Entergy and Koch consider selling energy trading business

New Orleans-based Entergy Corporation and Wichita’s Koch Industries today said they are considering selling their energy trading business Entergy-Koch Trading (EKT).

Houston-based EKT is a 50/50 joint venture between energy company Entergy and privately held industrial conglomerate Koch. Morgan Stewart, an Entergy spokesman, said there was presently no timeline for the potential sale and declined to comment on bids or the value of the company.

Entergy and Koch and currently “conducting a broad review of strategic alternatives for enhancing the value of Entergy-Koch and its subsidiaries,” Stewart said. And this review includes maintaining the current

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