Koch Supply and Trading (KS&T) has added European power, global renewables and emissions trading to its global portfolio.
The company has employed new staff to support these growth initiatives.
Stephen Cornish, Managing Director of KS&T’s global gas business, said: “KS&T companies have been building their European power trading capabilities over the last six months […] With the addition of four highly experienced staff members, we are on track to launch power trading at the beginning of the second quarter.”
Julie Noller has joined the company as the Power Portfolio Manager, and Pierre Perez as a Power Trader. They will be supported by an experienced middle and back office team.
Aligning with its growth initiative, KS&T’s US-based emissions trading arm has been integrated into KS&T’s global gas and LNG business with the goal of turning it into a global platform. The global renewables endeavor is being led by Colin Moore, Senior Vice President, global renewables and natural gas trading.
Cornish added: “With our worldwide resources and capabilities in diverse commodity and specialty markets, we are well positioned to add value in this market. Colin and his team are looking at ways to expand their successful footprint into Asia and Europe.”
The recent portfolio and capability expansion follows the company’s successful launch of its global natural gas and LNG business. In 2012, KS&T and its affiliates began a drive to broaden their involvement in global natural gas markets by launching a European natural gas business, as well as a global LNG trading arm. Since then, the LNG business – based in London with offices in Dubai, Houston and Singapore – has built a substantial LNG portfolio and established itself as a strong natural market participant. The Geneva-based European natural gas business is a leading gas trader and marketer in Europe.
Adapted from press release by Callum O'Reilly