Pipeline operator Kinder Morgan Inc said it would buy renewable natural gas developer Kinetrex Energy from an affiliate of Parallel49 Equity for $310 million, to expand into green energy amid investor pressure to tackle climate change. Kinder Morgan in March had formed an Energy Transition Ventures group to focus on low-carbon energy initiatives, in an effort to meet climate targets, in response to demands from investors to lower production of fuels that contribute to global warming and invest more in clean energy. More >>
