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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,
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.
Duke Energy stands to benefit from rising power demand in fast-growing Southeast regions. Click here to find out why I rate ...
“Natural gas is available 24/7 — with fewer emissions than coal and at a lower cost than renewables alone,” Duke said on its website this year, around the time it asked regulators for ...
A controversial energy bill is now law in North Carolina after state lawmakers voted this week to override Gov. Josh Stein’s ...
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