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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.

Yahoo Finance · 3d

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,

Tennessee Piedmont Natural Gas business acquired by Spire Inc. for $2.48B

NASHVILLE, Tenn. (WSMV) - Spire Inc. has entered an agreement to acquire the Tennessee Piedmont Natural Gas business from Duke Energy. The acquisition is set to be a total of $2.48 billion.

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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