Airports Kinesis Canada (EKOS) Energy and EDL (Electricity of Laos) will announce very soon the signing of an MoU for energy trading.
EDL produce more than 3000 MW or electricity and EKOS will be the first platform of trading for the EDL surplus of energy at the European and Asian markets.
The two companies plan to partner to provide flexible trading environment that meets the hedging needs in the European and Asian markets.
EKOS (AKC) will use a complex OTC trading platform, allowing traders to easily access EDL energy for trading and offset.
Shad Serroune, Vice President and CTO commented, “We are pleased to be strengthening our ties with EDL, combined with EKOS solid track record in the world of trading we expect to set a new stage for Laos and for an exciting new opportunity for the electricity market.”
We are excited about the opportunity to work with EDL in a rules-based environment.