Kinder Morgan closes Kinetrex Energy acquisition
Published by Sarah Smith,
Assistant Editor
LNG Industry,
Kinder Morgan, Inc. has closed on its previously announced acquisition of Kinetrex Energy.
The US$310 million acquisition includes two small scale, domestic LNG production and fuelling facilities, a 50% interest in a landfill-based renewable natural gas (RNG) facility in Indiana, US, and signed commercial agreements for three additional RNG facilities with construction to begin shortly. Kinetrex is a leading supplier of LNG in the Midwest and a rapidly growing player in producing and supplying RNG under long-term contracts to transportation service providers. The company will continue operations as Kinetrex Energy, a Kinder Morgan company.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/26082021/kinder-morgan-closes-kinetrex-energy-acquisition/
You might also like
FERC upholds Commonwealth LNG’s final authorisation
Commonwealth LNG has received the Federal Energy Regulatory Commission’s final order upholding authorisation for its 9.5 million tpy LNG export project located in Louisiana, the US.