Energy Transfer Creates Alternative Energy Group
Energy Transfer LP has created a new business group 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 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 utilization of existing pipelines throughout Energy Transfer’s extensive pipeline system, which consists of more than 90,000 miles (144,841 km) of pipelines crossing 38 states.
Energy Transfer owns and operates one of the largest portfolios of energy assets in the United States, with a strategic footprint in all of the major domestic production basins. Its core operations include transportation, storage, and terminalling for natural gas, crude oil, natural gas liquids, refined products, and liquefied natural gas.