Trading firm Koch Supply & Trading (KS&T) had added staff to its European power, global renewable and emissions trading business, it said on Tuesday.
“KS&T companies have been building their European power trading capabilities over the last six months,” said Stephen Cornish, managing director of KS&T’s global gas business.
“With the addition of four highly experienced staff members, we are on track to launch power trading at the beginning of the second quarter,” he added.
Julie Noller has joined as power portfolio manager and Pierre Perez as a power trader, both based in Geneva.
KS&T said its U.S.-based emissions trading arm has been integrated into its global gas and LNG business with the goal of turning it into a global platform.
The global renewables endeavour is being led by Colin Moore, senior vice president, global renewables and natural gas trading.
“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,” said Cornish.
By Mike Szabo – email@example.com