Spire to acquire mogas and omega pipeline systems

St. louis , may 25, 2023 /prnewswire/ -- spire inc. (nyse: sr) today announced it has entered into an agreement to acquire mogas pipeline (mogas), an interstate natural gas pipeline, and omega pipeline (omega), a connected gas distribution system, from corenergy infrastructure trust, inc. (nyse: corr), for $175 million, subject to customary working capital and other closing adjustments. the transaction is expected to close in spire's fiscal fourth quarter, pending hart-scott-rodino review and subject to customary closing conditions.
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