KC-based CorEnergy to acquire natural gas pipeline for $125 million

Kansas City-based CorEnergy Infrastructure Trust will acquire MoGas Pipeline System for $125 million in cash. The 263-mile pipeline, owned by St. Peters-based MoGas Pipeline LLC, supplies natural gas to customers including Laclede Gas Co. and Ameren Missouri.

The deal, which CorEnergy is financing with debt and the issuance of common stock, is expected to close later this month.

Read more from the St. Louis Business Journal

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