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Duke to Sell Tennessee Gas Business to Spire

Utility Duke Energy to sell Tennessee natural gas business for $2.48 billion

Duke Energy said on Tuesday it would sell its Tennessee natural gas distribution business to Spire for $2.48 billion in cash, as the utility aims to streamline operations and unlock capital to invest in electric grid upgrades.

Offshore Technology on MSN · 2d

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.

Seeking Alpha on MSN · 3d

Duke Energy to sell Tennessee natural gas distribution business to Spire in $2.48B deal

Duke Energy agreed to sell its Piedmont Natural Gas Tennessee local distribution company business to Spire for $2.48B in cash.

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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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Spire to acquire Tennessee Piedmont Natural Gas business from Duke Energy

Spire Inc. (NYSE: SR) today announced it has entered into an agreement with Piedmont Natural Gas, a wholly-owned subsidiary ...

World Pipelines2d

Duke Energy announces sale of its Tennessee Piedmont Natural Gas business to Spire for US$2.48 billion

The sale agreement for the Piedmont Natural Gas Tennessee business includes nearly 3800 miles of distribution and ...

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