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Utility Duke Energy to sell Tennessee natural gas business for $2.48 billion
Duke Energy said on Tuesday it would sell its Tennessee natural gas distribution business to Spire for $2.48 billion in cash, as the utility aims to streamline operations and unlock capital to invest in electric grid upgrades.
“Natural gas leaks can be managed quickly and safely if you know what to look for,” said Brian Weisker, president of Piedmont Natural Gas.
Duke Energy's ambitious growth strategy takes a new turn as the company looks to streamline its operations and redirect ...
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