Sale of Tennessee Piedmont Natural Gas Business to Spire
Sector: Natural Gas • Location: Greater Nashville area, Tennessee, United States
Source: Stock Titan
Duke Energy's subsidiary Piedmont Natural Gas completed the sale of its Tennessee natural gas local distribution business to Spire for $2.48 billion in cash. The sale includes nearly 3,800 miles of distribution and transmission pipelines serving more than 200,000 customers. The proceeds will be used to repay $800 million of debt and fund a $103 billion, five-year regulated capital investment plan.
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Participants
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Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Duke Energy's subsidiary Piedmont Natural Gas completed the sale of its Tennessee natural gas local distribution business to Spire for $2.48 billion in cash. The sale includes nearly 3,800 miles of distribution and transmission pipelines serving more than 200,000 customers. The proceeds will be used to repay $800 million of debt and fund a $103 billion, five-year regulated capital investment plan. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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