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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.
A controversial energy bill is now law in North Carolina after state lawmakers voted this week to override Gov. Josh Stein’s veto. The Power Bill Reduction Act eliminates the ...
“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 ...
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