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Duke to Sell Tennessee Gas Business to Spire

Daily Energy Insider · 3d

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.

St. Louis Post-Dispatch · 4d

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.

Bloomberg · 4d

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 MSN3d

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.

1d

Duke Energy: Inside The Southeast Power Demand Boom (Earnings Preview)

Duke Energy stands to benefit from rising power demand in fast-growing Southeast regions. Click here to find out why I rate ...

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