Alliant sells assets of gas marketing business
Wisconsin-based Alliant Energy Corp said yesterday that it has sold most of the assets of NG Energy Trading to BP Canada Energy Marketing Corp, but would not disclose the terms of the deal. The sale continues the trend for US energy companies to distance themselves from trading activities
The move was made as part of Alliant’s efforts to narrow its strategic focus to domestic utility operations. The company had said on July 13 it would divest three ISCO businesses, including NG Energy
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