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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 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 transmission pipelines and a liquefied natural gas facility serving approximately 205 000 customers.
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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.
Duke Energy's ambitious growth strategy takes a new turn as the company looks to streamline its operations and redirect ...
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