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Duke Energy announces sale of its Tennessee Piedmont Natural Gas business to Spire for $2.48 billion
Duke Energy (NYSE: DUK) today announced it reached an agreement to sell its Piedmont Natural Gas Tennessee local distribution company business for $2.48 billion in cash to Spire Inc. ("Spire") – one of the largest publicly traded natural gas companies in the country.
Duke Energy's ambitious growth strategy takes a new turn as the company looks to streamline its operations and redirect ...
This month, you can participate in public hearings to share your thoughts about the plan. The natural gas company was most recently approved for a rate increase in 2022, after two in 2021.
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