Duke Energy said it would sell its Tennessee natural gas distribution business to Spire for $2.48 billion in cash.

Duke Energy has reported $985 million in profits in its Q2 2025 financial report, driven by rate increases and development ...

Duke Energy announced this morning that it is selling Piedmont Natural Gas to Spire Inc. (Spire) for nearly $2.5 billion.

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 ...

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

U.S. power company Duke Energy will boost its infrastructure investments to $87 billion to meet soaring electricity demand, ...

Duke Energy agreed to sell its Piedmont Natural Gas Tennessee local distribution company business to Spire for $2.48B in cash ...

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 ...

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

Duke Energy's ambitious growth strategy takes a new turn as the company looks to streamline its operations and redirect billions towards future investments.

Duke Energy (NYSE: DUK) today announced it reached an agreement to sell its Piedmont Natural Gas Tennessee local distribution company business for $2.48 billion in cash to Spire Inc. ("Spire") – one ...

ST. LOUIS, July 29, 2025 /PRNewswire/ -- 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 ...