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Southern Company promotes finance and risk execs

Atlanta-based energy company Southern Company has promoted Kim Greene to senior vice-president of finance and Mark Lantrip to vice-president of financial planning and enterprise risk management.

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…

Merrill Lynch snaps up Entergy-Koch Trading

Investment bank Merrill Lynch is set to acquire the energy trading businesses of Entergy-Koch Trading (EKT), a joint venture between New Orleans-based Entergy Corp and Koch Industries in Kansas. Energy Risk reported in June that the bank was a top…

SG sets up $100m credit facility for Kazakh energy company

SG Corporate & Investment Banking (SGCIB) said earlier this week that it has arranged an unsecured 66-month $100 million loan and hedging facility for Canada-based PetroKazakhstan Kumkol Resources (PKKR). PKKR is a subsidiary of PetroKazakhstan Inc, an…

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