Spire files historical financials for acquired Tennessee Piedmont Natural Gas business; $2.48B deal closed Mar 31, 2026

SPIRE INC

Acquired business had $326M revenue and $122M excess of revenues over direct expenses for FY2025.
Assets acquired total $1.95B, liabilities assumed $237M as of Dec 31, 2025.
Unaudited pro forma combined financials filed to reflect the acquisition.
Business serves ~205,000 natural gas customers in Tennessee with 3,800 miles of pipeline.
Transaction valued at $2.48B cash, completed after TPUC approval.

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