Acquisition of Spire Mississippi natural gas utility by Delta Utilities
Sector: Power Transmission • Location: Hattiesburg, Mississippi, United States
Source: AOL
Delta Utilities will acquire Spire Mississippi, a South-Central Mississippi natural gas utility company, from Spire Inc. for $75 million in cash. The acquisition is at 1.4 times the projected 2025 rate base. Spire Mississippi operates about 745 miles of distribution pipelines, serving roughly 18,000 customers in south-central Mississippi, including the Hattiesburg area. The deal is subject to regu
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Participants
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Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Delta Utilities will acquire Spire Mississippi, a South-Central Mississippi natural gas utility company, from Spire Inc. for $75 million in cash. The acquisition is at 1.4 times the projected 2025 rate base. Spire Mississippi operates about 745 miles of distribution pipelines, serving roughly 18,000 customers in south-central Mississippi, including the Hattiesburg area. The deal is subject to regulatory approval and is expected to close in the first fiscal quarter of 2027. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
More Details
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