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Monday

23/21

Decarbon Daily - Issue for August 23, 2021

Inside this issue

Kinder Morgan closes the Kinetrex Energy acquisition. Kinetrex provides liquified natural gas (LNG), renewable natural gas (RNG), and pipeline natural gas to customer across the midwest United States. Kinetrex operates two LNG plants connected to existing pipelines that provide 24 million LNG gallons of storage capacity. LNG offers 35% lower costs for their customers while ensuring customers have a redundant supply.

Kinetrex map

Kinetrex also connects to existing gas network infrastructure to deliver decarbonized gases (or RNG) that provide a valuable source of flexibility, scaling up deliveries as necessary to meet peaks in demand.

“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,” said Energy Transition Ventures President Jesse Arenivas. “We’re confident that additional RNG opportunities will continue to emerge in the near term and deliver attractive returns to our shareholders.”

Unlike the current pipeline natural gas market, the renewable natural gas market is highly fragmented. Kinetrex provides Kinder Morgan with even more opportunities to build out the company's RNG project portfolio.

Inside this Issue

📈 Kinder Morgan Closes Kinetrex Energy Acquisition
🔋 GM Expands Battery Recall to ALL 2017-2022 Chevy Bolt EVs, Blames Supplier LG
⛏ Nickel Is Becoming a Battleground for Bets on Battery Future
💰 Regology Snares $8M Series A to Help Navigate Maze of Global Regulations

Articles in this issue

Kinder Morgan Closes Kinetrex Energy Acquisition

www.businesswire.com
Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced acquisition of Kinetrex Energy. The $310 million acquisition inc...

GM Expands Battery Recall to ALL 2017-2022 Chevy Bolt EVs, Blames Supplier LG

electrek.co
GM Friday afternoon announced it would expand its Bolt recall to ALL Chevy Bolts including ones manufactured in the US and including the ...

Nickel Is Becoming a Battleground for Bets on Battery Future

www.bloomberg.com
The race to supply automakers with nickel to power their batteries is pitting two of the biggest names in mining against each other.

Regology Snares $8M Series A to Help Navigate Maze of Global Regulations

techcrunch.com
Every country has its own bundle of laws, rules and regulations, and they change on a regular basis, making it an enormous challenge to k...

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