Announced
Completed
Financials
Tags
Domestic
Friendly
liquefied natural gas
liquefied natural
Single Bidder
Private Equity
United States
Private
Integrated Oil and Gas
Acquisition
Majority
Completed
Synopsis
Kinder Morgan, an energy infrastructure company, completed the acquisition of Kinetrex Energy, a provider of environmentally friendly renewable natural gas and liquid natural gas, from Parallel49 Equity, a private equity firm, for $310m. “We are very pleased to be adding Kinetrex Energy’s business to the full suite of energy solutions and services that Kinder Morgan has to offer customers. We’re confident that additional RNG opportunities will continue to emerge in the near term and deliver attractive returns to our shareholders," Jesse Arenivas, Kinder Morgan ETV President.
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