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CorEnergy Infrastructure Trust Announces Additions to the Leadership Team of its Manager, Corridor I

By Business Wirevia The Motley Fool

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CorEnergy Infrastructure Trust Announces Additions to the Leadership Team of its Manager, Corridor InfraTrust Management and Wholly-Owned Subsidiary, Mowood

LEAWOOD, Kan.–(BUSINESS WIRE)– CorEnergy Infrastructure Trust, Inc. (NYS: CORR) today announced three new additions to its senior management team. Mike Jonagan and Jeff Fulmer joined Corridor InfraTrust Management, LLC, CorEnergy’s manager, as Senior Directors and will be primarily responsible for originating acquisitions, structuring lease agreements, managing operating partner relationships and overseeing CorEnergy’s portfolio of energy infrastructure real property assets. Rick Kreul has been named President of Mowood LLC, the company’s wholly-owned subsidiary. Mr. Kreul will be responsible for overseeing operations and developing strategic growth opportunities for both Mowood and its wholly-owned subsidiary, Omega Pipeline Company (“Omega”).

“These three new executive team members raise the bar for CorEnergy, expanding our capacity to evaluate and oversee a diverse portfolio of real property energy assets,” said David Schulte, Managing Director of Corridor and Chief Executive Officer of CorEnergy. “Jeff, Mike and Rick are engineers who bring a diverse range of energy sector experience to our team and we are pleased to have them on board.”

Mr. Jonagan comes to Corridor with more than 25 years of U.S. and international experience in the energy sector. He is a petroleum and mechanical engineer and has taken on a wide range of executive roles including managing electric and natural gas assets (regulated and unregulated) as well as telecommunications, construction, mining and energy trading operations. He has expertise in business restructuring, asset divestiture via sale or public offering and structured finance to support large capital investment projects. Most recently, Mr. Jonagan served as a Vice President and Country Manager for AES Corporation. Prior to his work with AES, Mr. Jonagan spent more than a decade in various roles, including Vice President of Capacity Services and Chief Executive Officer of U.S. Networks at Aquila Inc., which was an international electric and gas utility.

Mr. Fulmer has more than 29 years of energy industry experience and spent the last six years as a Senior Advisor with Corridor’s affiliate Tortoise Capital Advisors L.L.C. (“Tortoise”), an investment manager specializing in listed energy investments. At Tortoise he led the company’s retail marketing efforts. He will continue to support the Tortoise team as they transition his role. As a petroleum engineer and professional geologist, Mr. Fulmer’s experience includes work for the U.S. Department of Defense (DoD), where he headed a group of infrastructure analysts engaged globally in critical infrastructure analysis, assessment and protection. Prior to the DoD, Mr. Fulmer served as president of Redland Energy, was senior vice president …read more

Source: FULL ARTICLE at DailyFinance