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Energy Transfer LP has announced it has created a new group within the Partnership tasked with increasing the Partnership’s efforts to develop alternative energy projects aimed at continuing to reduce its environmental footprint throughout its operations.
The Alternative Energy Group will be led by Tom Mason, who has more than 30 years of industry experience, including 14 years as Energy Transfer’s General Counsel, a role in which he will continue.
Under Mr. Mason’s leadership, the group will continue to focus on renewable energy projects such as solar and/or wind farms, either as a power purchaser, or in partnership with third party developers, and will also look to develop renewable diesel and renewable natural gas opportunities when they make economic sense. These potential projects could involve the utilisation of existing pipelines throughout Energy Transfer’s extensive pipeline system, which consists of more than 90 000 miles of pipelines crossing 38 US
Energy Transfer Creates Business to Expand in Renewables
Energy Transfer LP said it formed a new business to develop alternative energy products as part of an ongoing effort to reduce its environmental footprint.
The new operation, called the Alternative Energy Group, will focus on renewable energy projects such as solar and wind farms, either as a power purchaser or in partnership with third-party developers, the Dallas-based pipeline operator said. It may also develop renewable diesel and natural gas projects that could use existing pipelines throughout Energy Transfer’s system, which consists of more than 90,000 miles of pipelines crossing 38 states.
The new business will be led by general counsel Tom Mason.
Energy Transfer LP said on Thursday it had created a new business to ramp up efforts to develop alternative energy projects, as the pipeline operator aims to reduce its carbon footprint.