tiprankstipranks
CorEnergy Finalizes Pipeline Assets Sale to Spire Midstream
Market News

CorEnergy Finalizes Pipeline Assets Sale to Spire Midstream

CorEnergy (CORR) has released an update to notify the public and investors about its asset transaction finalization.

Don't Miss Our Christmas Offers:

CorEnergy Infrastructure Trust, Inc. finalized the sale of its MoGas and Omega pipelines, along with related businesses, to Spire Midstream Services, LLC for a total cash consideration of $177.6 million, inclusive of closing adjustments. This transaction, based on the Membership Interest Purchase Agreement from May 24, 2023, was completed on January 19, 2024.

For further insights into CORR financials, check out TipRanks’ Financials page.

Related Articles
TheFlyTwo option delistings on February 28th
TipRanks Auto-Generated NewsdeskCorEnergy’s Strategic Bankruptcy and Restructuring Plan
TipRanks Auto-Generated NewsdeskCorEnergy Utilizes Grace Period to Defer Interest Payment
Go Ad-Free with Our App