Risk.net

Entergy and Koch consider selling energy trading business

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 owne