CorEnergy Infrastructure Trust
CorEnergy Infrastructure Trust is a real estate investment trust that specializes in owning and managing critical energy infrastructure assets in the United States. Its portfolio primarily comprises midstream and downstream assets, including pipelines, storage terminals, transmission lines, and gathering systems. The company generates revenue through long-term contracted leases with energy operators, emphasizing triple-net participating leases. CorEnergy's main objective is to deliver attractive returns to its stockholders, focusing on consistent distributions and long-term growth. Additionally, the company provides financing solutions, including loans secured by energy infrastructure assets, further diversifying its revenue streams. Through its strategic acquisitions and management of energy assets, CorEnergy plays a vital role in the U.S. energy sector.
MoGas operates over 263 miles of interstate natural gas pipeline throughout Missouri and Illinois through which MoGas transports and delivers natural gas to both investor-owned and municipal natural gas local distributions systems in Missouri and Illinois. MoGas was created in 2008 by the combination of three affiliated pipeline systems, Missouri Interstate Gas, LLC (“MIG”), Missouri Gas Company, LLC (“MGC”), and Missouri Pipeline Company, LLC (“MPC”). Prior to 2008, MGC and MPC operated as intrastate pipelines in Missouri, subject to regulation by the Missouri Public Service Commission. MIG, which operated an interstate pipeline between Missouri and Illinois traversing the Mississippi River, was regulated by the Federal Energy Regulatory Commission (“FERC”). By 2006, it became apparent that it would be beneficial to the companies and customers to consolidate the three companies to operate as one single interstate system. Accordingly, the companies sought and received FERC approval for consolidation and certification, and the company began FERC-regulated service as a single entity on June 1, 2008.
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