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Stock impact report

Spire completes acquisition of Tennessee Piedmont Natural Gas business from Duke Energy [TheStreet.com]

Spire Inc. (SR) 
Last spire inc. earnings: 2/5 08:38 am Check Earnings Report
US:NYSE Investor Relations: spireenergy.com/investors
Company Research Source: TheStreet.com
ST. LOUIS March 31, 2026 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced it has completed its acquisition of the Piedmont Natural Gas business in Tennessee from Duke Energy effective March 31, 2026, for $2.48 billion. The operations will do business as Spire Tennessee and be integrated into Spire's existing utility business serving customers across Missouri, Alabama and Mississippi, significantly expanding Spire's regulated utility footprint. Spire Tennessee is the largest investor-owned natural gas utility in Tennessee, operating in the Nashville metro area and surrounding communities, one of the fastest-growing regions in the U.S. Spire Tennessee serves more than 200,000 customers and includes nearly 3,800 miles of distribution and transmission pipelines. "We're pleased to welcome Piedmont customers and employees in Tennessee to Spire," said Scott Doyle, president and chief executive officer of Spire. "This acquisition allows us to expand our core utility business while c Show less Read more
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