Kinder Morgan Inc. (KMI) has closed on its $310 million acquisition of Kinetrex Energy, part of the company’s new interest in low carbon investments.


The acquisition includes liquefied natural gas (LNG) production and fueling facilities, a 50% interest in a landfill-based renewable natural gas (RNG) facility in Indiana, and commercial agreements for three additional RNG facilities.

Indianapolis-based Kinetrex claims to be the largest supplier of LNG in the Midwest with two LNG production facilities in Indianapolis. Each has 1 Bcf of cryogenic storage capacity. It also has four truck-loading stations. 

On the RNG side, Kinetrex holds a 50% interest in a landfill RNG facility in Indiana. The assets to be acquired also include three more landfill RNG sites, along with signed...