Deal Details
Follow-On Offering
Summary
Baird served as a co-manager on this offering.
About
CorEnergy Infrastructure Trust, Inc. (“CorEnergy” or the “Company”) (NYSE: CORR) recently completed a follow-on offering of 14,950,000 shares of common stock at a price of $6.80 per share, generating gross proceeds of $101.7 million. The Company intends to use net proceeds from the offering to acquire all of the membership interests in MoGas Pipeline LLC.CorEnergy primarily owns midstream and downstream United States energy infrastructure assets subject to long-term triple net participating leases. These assets include pipelines, storage tanks, transmission lines and gathering systems. The Company is headquartered in Kansas City, Missouri.
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- Date
- November 2014
- Company
- CorEnergy Infrastructure Trust, Inc.
- Transaction
- M&A
- Sectors
- Energy
- Target Geography
- North America
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