Kinder Morgan to Purchase Renewable Natural Gas Developer Kinetrex Energy

Kinder Morgan, Inc. announced July 16 it has agreed to acquire Indianapolis-based Kinetrex Energy from an affiliate of Parallel49 Equity. Kinetrex is the leading supplier of liquefied natural gas (LNG) in the Midwest and a rapidly growing player in producing and supplying renewable natural gas (RNG) under long-term contracts to transportation service providers.

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