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

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.

The acquisition, pending regulatory approvals, will result in the creation of a new business unit, Spire Tennessee.

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

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NASHVILLE, Tenn. (WSMV) - Spire Inc. has entered an agreement to acquire the Tennessee Piedmont Natural Gas business from ...

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

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With an announced $2.5 billion move, Spire continues a decade-plus run of predominantly fueling its expansion by buying gas ...

Duke Energy announced on Tuesday that it will sell its Tennessee Natural Gas Distribution business to Spire, for $2.48 Billion in cash.