Risk.net

Alliant sells assets of gas marketing business

NG Energy Trading, based in Oklahoma City, is part of Alliant Energy Resources' (AER) Integrated Services (ISCO) business platform. AER is the parent company of Alliant's non-regulated businesses. BP Canada Energy Marketing assumed ownership of NG Energy Trading's contracts on September 1. 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 Tradi