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Duke to Sell Tennessee Gas Business to Spire

St. Louis Post-Dispatch · 2d

Spire reaches deal to buy Tennessee's biggest gas utility for $2.5 billion

With an announced $2.5 billion move, Spire continues a decade-plus run of predominantly fueling its expansion by buying gas utilities in the South.

Daily Energy Insider · 2d

Duke sells Piedmont Natural Gas in all-cash $2.48B deal with Spire

Duke Energy stands to gain $2.48 billion in cash with the sale of its Piedmont Natural Gas Tennessee local distribution company business to Spire Inc., one of the nation’s largest publicly traded natural gas companies.

Bloomberg · 3d

Spire to Acquire Duke’s Tennessee Gas Business for $2.5 Billion

Duke Energy agreed to sell its Tennessee Piedmont Natural Gas business to Spire Inc. for $2.5 billion. The agreement includes nearly 3,800 miles of distribution and transmission pipelines and a liquefied natural gas facility serving about 200,000 customers in the Nashville area.

Offshore Technology on MSN2d

Spire to acquire Duke Energy’s Piedmont Natural Gas business in Tennessee, US

The acquisition, pending regulatory approvals, will result in the creation of a new business unit, Spire Tennessee.

2d

Duke Energy to sell Piedmont Natural Gas unit in Tennessee for $2.48 billion

Duke Energy's ambitious growth strategy takes a new turn as the company looks to streamline its operations and redirect ...

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