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Representative image of natural gas distribution infrastructure in the U.S., reflecting assets included in Duke Energy’s planned sale to Spire.

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Energy Industry News

Why Duke Energy is cashing out of Tennessee gas now—and what Spire gains in the $2.48bn deal

Duke Energy is selling its Tennessee Piedmont Natural Gas business to Spire for $2.48 billion. Here’s how the deal will reshape both utilities.

byPallavi Madhiraju

July 30, 2025

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