Kinder Morgan to Acquire Renewable Natural Gas Developer Kinetrex Energy

Chicago – Paul Hastings, a leading global law firm, represented Parallel49 Equity and Kinetrex Energy, a provider of environmentally friendly renewable natural gas (RNG) and liquid natural gas (LNG) solutions, with respect to Kinder Morgan, Inc’s agreement to acquire Kinetrex for $310 million.

Kinetrex is the leading supplier of LNG in the Midwest and a rapidly growing player in producing and supplying RNG under long-term contracts to transportation service providers.

The transaction requires regulatory approval under Hart-Scott-Rodino and is expected to close in the third quarter of 2021.

The Paul Hastings team advising Kinetrex Energy and Parallel49 Equity was led by partner Brian Richards, and included associate Michael Kesler.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.