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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.
Duke Energy stands to benefit from rising power demand in fast-growing Southeast regions. Click here to find out why I rate ...
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Spire to acquire Duke Energy’s Piedmont Natural Gas business in Tennessee, US
The acquisition, pending regulatory approvals, will result in the creation of a new business unit, Spire Tennessee.
Duke Energy announced on Tuesday that it will sell its Tennessee Natural Gas Distribution business to Spire, for $2.48 Billion in cash.
The sale agreement for the Piedmont Natural Gas Tennessee business includes nearly 3800 miles of distribution and ...
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