Kinder Morgan

Kinetrex Energy and Wabash Valley Power Alliance Announce Construction on Three RNG Facilities

Retrieved on: 
Wednesday, September 29, 2021
Energy, Environment, Oil, Gas, Methane, News, CRNG, Ethanol, Plant, An Act to exempt a particular class of securities from the Securities and Exchange Act, Solution, Annual report, Security (finance), Transport, Electric Bond and Share Company v. Securities and Exchange Commission, Carbon, GHG, Metal, Waste management, Natural gas, Gasoline, Farm, Environment, Kinder Morgan, Industry, School, Private Securities Litigation Reform Act, RNG, Forward-looking statement, Contract, WVPA, KMI, Electricity, Energy, NYSE, CO2, SEC, Renewable natural gas

Kinetrex Energy, a Kinder Morgan, Inc. (NYSE: KMI) company and Wabash Valley Power Alliance (WVPA) today announced they have started construction activities for three previously announced renewable natural gas (RNG) facilities in Indiana.

Key Points: 
  • Kinetrex Energy, a Kinder Morgan, Inc. (NYSE: KMI) company and Wabash Valley Power Alliance (WVPA) today announced they have started construction activities for three previously announced renewable natural gas (RNG) facilities in Indiana.
  • Kinetrex Energy expects to invest $146 million to construct the RNG facilities to process gas purchased from WVPA.
  • The new RNG facilities are designed to capture methane produced from landfills and convert that methane into pipeline-quality natural gas.
  • Wabash Valley Power Alliance first began energy production from landfill gas in 2002 and will continue to operate at six additional sites as a component of their diversified energy portfolio.

Tennessee Gas Pipeline and Southwestern Energy Company Announce Responsibly Sourced Natural Gas Agreement

Retrieved on: 
Tuesday, September 21, 2021
Energy, Other Energy, Environment, Oil, Gas, Methane, News, Ethanol, U.S. Securities and Exchange Commission, TGP, Natural Gas Pipeline Permitting Reform Act, Efficiency, ESG, An Act to exempt a particular class of securities from the Securities and Exchange Act, Solution, Annual report, Security (finance), Science, Water, Transport, Atmosphere, GHG, Carbon, Certification, SWN, Corporate responsibility, EPA, SEC, Metal, Natural gas, One Planet One Future, Gasoline, Kinder Morgan, Private Securities Litigation Reform Act, Professional corporation, Program, Corporation, New York state public-benefit corporations, View, Rail transport by country, Forward-looking statement, KMI, NYSE, CO2, Oil

Tennessee Gas Pipeline (TGP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), and Southwestern Energy Company (NYSE: SWN) today announced the initiation of a responsibly sourced natural gas (RSG) strategic agreement.

Key Points: 
  • Tennessee Gas Pipeline (TGP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), and Southwestern Energy Company (NYSE: SWN) today announced the initiation of a responsibly sourced natural gas (RSG) strategic agreement.
  • Southwestern believes responsibly sourced gas is foundational to a low carbon future.
  • This innovative agreement with Kinder Morgan to deliver responsibly sourced energy to customers in the Northeast is evidence of our commitment to help bring about that future.
  • Southwestern Energy Company (NYSE: SWN) is a leading U.S. producer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nations most prolific shale gas basins.

Kinder Morgan Closes Kinetrex Energy Acquisition

Retrieved on: 
Friday, August 20, 2021
Energy, Other Energy, Utilities, Oil, Gas, Kinder Morgan, U.S. Securities and Exchange Commission, Acquisition, An Act to exempt a particular class of securities from the Securities and Exchange Act, SEC, CO2, Gasoline, Natural gas, Private Securities Litigation Reform Act, Forward-looking statement, RNG, NYSE, Metal, KMI, Contract, Morgan, News, Ethanol, Annual report, Security (finance), Oil

Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced acquisition of Kinetrex Energy.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced acquisition of Kinetrex Energy.
  • The company will continue operations as Kinetrex Energy, a Kinder Morgan company.
  • We are very pleased to be adding Kinetrex Energys business to the full suite of energy solutions and services that Kinder Morgan has to offer customers, said Energy Transition Ventures President Jesse Arenivas.
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Dat Tran named president of PowerSecure

Retrieved on: 
Tuesday, August 17, 2021
Storm, Industry, Southern Company Gas, Fortune 500, Weather, University, CMS Energy, Electricity, Growth, Accounting, Tran, February 13–17, 2021 North American winter storm, Leadership, Women's Choice Awards, Natural gas, Duke Energy, Juris Doctor, Marketing, Forbes, Investment, NYSE, Microgrid, Multimedia, MBA, U.S. Department of Defense Strategy for Operating in Cyberspace, Carbon, CEO, Kinder Morgan, Telecommunication, BS, Management, Oil, Renewable energy

ATLANTA, Aug. 17, 2021 /PRNewswire/ --PowerSecure, a Southern Company subsidiary and national leader in MicroGrid solutions,announced today Dat Tran has been named president of PowerSecure, leading the executive team and reporting to the CEO, effective August 16, 2021.

Key Points: 
  • ATLANTA, Aug. 17, 2021 /PRNewswire/ --PowerSecure, a Southern Company subsidiary and national leader in MicroGrid solutions,announced today Dat Tran has been named president of PowerSecure, leading the executive team and reporting to the CEO, effective August 16, 2021.
  • Prior to joining PowerSecure, Tran was president of Southern Company Gas' midstream division, where he was responsible for the operations and strategic direction of the company's investments in pipelines, storage and liquefied natural gas (LNG).
  • He began his career with Southern Company Gas in 2003 in the role of vice president and associate general counsel.
  • Tran has more than 27 years of legal and business experience in the energy, utilities and transportation sectors.

Kinder Morgan to Purchase Renewable Natural Gas Developer Kinetrex Energy

Retrieved on: 
Friday, July 16, 2021
Other Transport, Oil, Gas, Alternative energy, Energy, Transport, Natural gas, Fuels, Fuel gas, Energy, Sustainable energy, Liquefied natural gas, Petroleum production, Renewable natural gas, Kinder Morgan, Southern Company Gas

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.

Key Points: 
  • 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.
  • This is a great day in the young history of Kinder Morgan Energy Transition Ventures (ETV), said ETV President Jesse Arenivas.
  • As we looked for the best partner to help grow our presence in renewable natural gas, Kinder Morgans Energy Transition Ventures emerged as the clear choice, said Kinetrex President and Chief Executive Officer Aaron Johnson.
  • 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.

Kinder Morgan Announces Second Quarter ‘21 Earnings Webcast

Retrieved on: 
Wednesday, July 14, 2021
Oil, Gas, Energy, Kinder Morgan, KMI, New York Stock Exchange, Km, Kinder, Economy of the United States, Energy in the United States, Energy

Kinder Morgan, Inc. (NYSE: KMI) today announced it will release second quarter 2021 earnings results on Wednesday, July 21, 2021.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced it will release second quarter 2021 earnings results on Wednesday, July 21, 2021.
  • If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com .
  • A recording of the conference call will also be available for replay one hour after the call until the end of the day on August 21, 2021.
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Crestwood and Con Edison Announce Closing of Stagecoach Gas Services Divestiture

Retrieved on: 
Friday, July 9, 2021
Oil, Gas, Alternative energy, Energy, Other Energy, Utilities, Kinder Morgan, Consolidated Edison, Edison, Energy, Economy of the United States, Companies, Crestwood Equity Partners LP, Con Edison, CRESTWOOD EQUITY PARTNERS LP, CON EDISON

Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood) and Consolidated Edison, Inc. (NYSE: ED) (Con Edison) today announced the successful divestiture of the subsidiaries of Stagecoach Gas Services LLC (Stagecoach), with the exception of Twin Tier Pipeline LLC, to a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) for $1.195 billion.

Key Points: 
  • Crestwood Equity Partners LP (NYSE: CEQP) (Crestwood) and Consolidated Edison, Inc. (NYSE: ED) (Con Edison) today announced the successful divestiture of the subsidiaries of Stagecoach Gas Services LLC (Stagecoach), with the exception of Twin Tier Pipeline LLC, to a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) for $1.195 billion.
  • The cash proceeds from the divestiture were shared between Crestwood and Con Edison in line with each members 50% ownership interest in the joint venture.
  • Stagecoach is comprised of premier natural gas pipeline and storage facilities that provide a critical link between robust natural gas supply and Northeast US demand markets.
  • Visit Crestwood Equity Partners LP at www.crestwoodlp.com ; and to learn more about Crestwoods sustainability efforts, please visit https://esg.crestwoodlp.com .

Kinder Morgan Closes on Stagecoach Assets

Retrieved on: 
Friday, July 9, 2021
Trucking, Other Energy, Maritime, Oil, Gas, Transport, Energy, Other Transport, Kinder Morgan, Economy of the United States, Energy in the United States, States of the United States, Tennessee Gas Pipeline, Federal Energy Regulatory Commission, Trailblazer Pipeline, El Paso Natural Gas

Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced acquisition of the business of Stagecoach Gas Services LLC (Stagecoach).

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced acquisition of the business of Stagecoach Gas Services LLC (Stagecoach).
  • The Stagecoach assets include 4 natural gas storage facilities with a total FERC-certificated working gas capacity of 41 billion cubic feet and a network of FERC-regulated natural gas transportation pipelines with multiple interconnects to major interstate natural gas pipelines, including Tennessee Gas Pipeline (TGP), a KMI subsidiary.
  • Natural gas continues to play a vital role as both a low emission fuel source and as a backstop to intermittent renewable power generation.
  • Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.

Watco Announces Investment Partnership

Retrieved on: 
Tuesday, July 6, 2021
Kinder Morgan, Watco, Refinancing

This new investment will allow Watco to refinance part of its capital structure while also providing additional capital to support Watco's ongoing customer growth initiatives and fund future acquisition opportunities.

Key Points: 
  • This new investment will allow Watco to refinance part of its capital structure while also providing additional capital to support Watco's ongoing customer growth initiatives and fund future acquisition opportunities.
  • "We are excited to announce this investment partnership," said Dan Smith, Watco CEO.
  • "We knew of the investor's stellar standing as a top-tier investor and are very pleased they are making a preferred equity investment with Watco.
  • As part of Watco's capital structure refinancing, SkyKnight Capital, an investor in Watco since 2016, will be exiting the investment group.

Kinder Morgan to Purchase Stagecoach Gas Services

Retrieved on: 
Tuesday, June 1, 2021
Oil, Gas, Energy, Kinder Morgan, Economy of the United States, Energy in the United States, States of the United States, Natural gas storage, Tennessee Gas Pipeline, Trailblazer Pipeline, Boardwalk Pipelines

Kinder Morgan, Inc. (NYSE: KMI) today announced that it has agreed to acquire Stagecoach Gas Services LLC (Stagecoach), a natural gas pipeline and storage joint venture between Consolidated Edison, Inc. (NYSE: ED) and Crestwood Equity Partners LP (NYSE: CEQP).

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced that it has agreed to acquire Stagecoach Gas Services LLC (Stagecoach), a natural gas pipeline and storage joint venture between Consolidated Edison, Inc. (NYSE: ED) and Crestwood Equity Partners LP (NYSE: CEQP).
  • Stagecoach consists of 4 natural gas storage facilities with a total FERC-certificated working gas capacity of 41 billion cubic feet and 185 miles of natural gas pipelines with multiple interconnects to major interstate natural gas pipelines, including Tennessee Gas Pipeline (TGP), a KMI subsidiary.
  • Acquiring Stagecoach will enhance our service to customers in this part of the country, said KMIs President of Interstate Natural Gas Pipelines Kimberly S. Watson.
  • These natural gas pipeline and storage facilities help connect natural gas supply sources and Northeast demand areas.