Entergy-Koch LP, a new wholesale energy trading, transportation and marketing company, has gained regulatory approval in the USA. The company has been formed by the merger of subsidiaries of Entergy Corp and Koch Industries.
The new company has assets of around $1 billion, including the 14 500 km Gulf South interstate pipeline network and the Bisteneau gas storage facility contributed by Koch Industries and power marketing and trading businesses contributed by Entergy Corp.
