CorEnergy Infrastructure Trust Inc was organized as a Maryland corporation and commenced operations on December 8, 2005. The Company has elected REIT status. The REIT election is applicable for the calendar year commencing January 1, 2013. It historically operated as a business development company under the name Tortoise Capital Resources Corporation and invested mainly in securities of privately held and micro-cap public companies operating in the U.S. energy sector. The Company is mainly focused on acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector and concurrently entering into long-term triple net participating leases with energy companies. The Company competes with public and private funds, commercial and investment banks and commercial financing companies. The Company is subject to federal, state and local laws and regulations.
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