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