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Kinetrex Energy

Company Summary

Description

Kinetrex Energy is a turn-key provider of environmentally friendly renewable natural gas (RNG) and liquid natural gas (LNG) solutions to customers in the transportation, industrial, agricultural, utility and power industries.

Website

https://www.kinetrexenergy.com/

Related Entities

Recent news

  • 9/30/2021 - Kinetrex Energy & Wabash... (subscriber access)
  • 8/23/2021 - Kinder Morgan Closes on... (subscriber access)
  • 7/16/2021 - Kinder Morgan Acquiring... (subscriber access)

Company Transactions

Date: 8/23/2021
Type: Acquisition

DETAILS:

COST: 310 $MM

NOTES:
Kinder Morgan announced that they are acquiring Kinetrex Energy from Paralell49 Equity for $310 million. Kinetrex is a supplier of LNG in the Midwest and a growing player in the renewable natural gas (RNG) field. Closing is targeted for 3Q21.
REGIONS:
  • United States