March 17, 2010 (FinancialWire) — Integrys Energy Group, Inc. (NYSE: TEG) said that its non-regulated subsidiary, Integrys Energy Services, Inc., has closed the sale of its Environmental Markets business to EDF Trading North America, LLC.

The company said that the Environmental Markets business required immaterial collateral support and largely consisted of a portfolio of long-term Renewable Energy certificate contracts with generators and wholesalers.

Integrys said the sale did not involve Energy Services’ renewable solar or landfill gas projects owned by Integrys or its subsidiaries. In addition, the transaction did not include any Renewable Energy certificates used to serve Energy Services’ retail customers.

The financial terms and other conditions of the transaction are not being disclosed.

Illinois-based Integrys Energy Group is a holding company with regulated utility operations operating through six wholly owned subsidiaries, a nonregulated subsidiary, and a 34% equity ownership interest in American Transmission Co.

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