Spire Inc. has reached an agreement with Piedmont Natural Gas, a wholly-owned subsidiary of Duke Energy, to acquire its Tennessee local natural gas pipeline network for $2.48 billion.

Duke Energy stands to gain $2.48 billion in cash with the sale of its Piedmont Natural Gas Tennessee local distribution ...

The sale agreement for the Piedmont Natural Gas Tennessee business includes nearly 3800 miles of distribution and ...

Spire ( (SR)) has issued an update. On July 27, 2025, Spire Inc. announced an agreement to acquire Piedmont Natural Gas’s Tennessee local distribution business from Duke Energy for $2.48 billion. This ...

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 ...

Spire Inc. (NYSE: SR) today announced it has entered into an agreement with Piedmont Natural Gas, a wholly-owned subsidiary ...

Duke Energy agreed to sell its Piedmont Natural Gas Tennessee local distribution company business to Spire for $2.48B in cash ...

Duke Energy said it would sell its Tennessee natural gas distribution business to Spire for $2.48 billion in cash.

Piedmont Natural Gas is being sold by its parent company Duke Energy in a $2.48 billion deal expected to close early next ...

Duke Energy stands to benefit from rising power demand in fast-growing Southeast regions. Click here to find out why I rate ...

Duke Energy Corp. (NYSE: DUK) is planning two new natural gas-powered combustion turbines at the former Buck Steam Station ...

Duke Energy's ambitious growth strategy takes a new turn as the company looks to streamline its operations and redirect ...