Risk.net

Entergy-Koch reaps the benefit

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A strong balance sheet, a solid credit rating and a market full of distressed assets has left Houston-based Entergy-Koch Trading (EKT) poised to take advantage of the chaos and significantly expand its market presence. “Right now, if you have cash, it’s absolutely the best time to be in the business,” says EKT’s director of power trading, David Goodman. “I think this is one of those cycles of opportunity that doesn’t come around very often.”

EKT, through its parent Entergy, has now formally a