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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 of Duke Energy (NYSE: DUK), to acquire its Tennessee local distribution company business that serves more than 200,
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Spire to acquire Duke Energy’s Piedmont Natural Gas business in Tennessee, USThe acquisition, pending regulatory approvals, will result in the creation of a new business unit, Spire Tennessee.
The sale agreement for the Piedmont Natural Gas Tennessee business includes nearly 3800 miles of distribution and transmission pipelines and a liquefied natural gas facility serving approximately 205 ...
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