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Announced

Completed

Kinder Morgan completed the acquisition of Kinetrex Energy from Parallel49 Equity for $310m.

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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