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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.
The North Carolina General Assembly voted to override Democratic Gov. Josh Stein’s veto of SB 266, which allows Duke Energy ...
The acquisition, pending regulatory approvals, will result in the creation of a new business unit, Spire Tennessee.
“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 ...
Duke Energy's investment in a new natural gas facility in Anderson County is a direct response to that need, and it reflects the type of forward-thinking solutions encouraged by the S.C.
Natural gas-fired combustion turbines with a combined capacity of 850 megawatts slated for site where Buck Steam Station once ...
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