CorEnergy Infrastructure Trust
CorEnergy Infrastructure Trust, Inc. is a real estate investment trust (REIT) that specializes in owning essential energy infrastructure assets within the United States. The company focuses on midstream and downstream operations, owning critical assets such as pipelines, storage terminals, transmission lines, and gathering systems. CorEnergy generates revenue primarily through long-term contracted leases with energy companies, which include triple-net participating arrangements. The company's strategy emphasizes the acquisition and financing of energy infrastructure assets, and it also offers capital in the form of loans secured by these assets. Notable holdings include the Crimson Midstream Holding, MoGas Pipeline System, and Omega Pipeline. CorEnergy aims to provide its stockholders with attractive risk-adjusted returns, prioritizing consistent distributions and long-term growth.
MoGas Pipeline
Acquisition in 2014
MoGas Pipeline operates a 263-mile interstate natural gas pipeline network throughout Missouri and Illinois, delivering natural gas to both investor-owned and municipal local distribution systems. Established in 2008 through the merger of three affiliated pipeline systems—Missouri Interstate Gas, Missouri Gas Company, and Missouri Pipeline Company—the company aims to streamline operations and enhance service efficiency. Prior to the consolidation, Missouri Gas Company and Missouri Pipeline Company functioned as intrastate pipelines in Missouri, while Missouri Interstate Gas operated an interstate pipeline regulated by the Federal Energy Regulatory Commission. The merger was driven by the recognition of the benefits of unifying the three companies, leading to FERC approval for the consolidation. Since June 1, 2008, MoGas has provided FERC-regulated natural gas transportation services, focusing on the St. Louis region and surrounding areas.
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