Kinder Morgan Forms New Energy Transition Ventures Group

By Stephen Nakrosis

Kinder Morgan Inc. said Friday it formed a new Energy Transition Ventures group.

The new group will "identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition," the company said.

Kinder Morgan said Jesse Arenivas, president of Energy Transition Ventures and CO(2), and Anthony Ashley, vice president of Energy Transition Ventures, will lead the group.

The group will consist of in-house financial, commercial and engineering talent "that will focus on analyzing and quantifying opportunities for additional assets and service offerings tailored to the ongoing energy transition," the company said. "They will focus on customer outreach and business development activities in pursuit of those new ventures."

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

March 12, 2021 13:31 ET (18:31 GMT)

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