Duke Energy announces sale of its Tennessee Piedmont Natural Gas business to Spire for $2.48 billion

By SquaredTown on July 29, 2025

Duke Energy announces sale of its Tennessee Piedmont Natural Gas business to Spire for $2.48 billion

Transaction expected to close Q1 2026 Proceeds help efficiently fund Duke Energy's $83 billion five-year capital plan CHARLOTTE, N.C., July 29, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced it reached an agreement to sell its Piedmont Natural Gas Tennessee local...

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