March 15, 2021 [Seekink Alpha] – Kinder Morgan (KMI +0.5%) says it formed a new Energy Transition Ventures group to “identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition.”
Kinder Morgan says the group will broaden its reach beyond the low-carbon energy initiatives currently in development by KMI’s business units, including services such as carbon capture, renewable natural gas capture and hydrogen production.
The group will be lead by Jesse Arenivas, President of Energy Transition Ventures and CO2, and Anthony Ashley, VP of Energy Transition Ventures.
With shares yielding 6.5%, Kinder Morgan could rack up 15% annual returns over the next several years, Julian Lin writes in a bullish analysis published recently on Seeking Alpha.
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