secwatch.observer — SEC 8-K summary
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Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K
Filed at:   2026-04-15T23:59:59+00:00
Accession:  0001193125-26-155936
Event type: m_and_a
Sentiment:  positive
Materiality: 0.78
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire sells natural gas storage assets to I Squared Capital for $650M
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- Total consideration of $650M: $600M cash at closing plus $50M deferred payment in fiscal 2027.
- Sale includes Spire Storage West (55 Bcf capacity) and Spire Storage Salt Plains (17 Bcf capacity).
- Proceeds expected to partially fund Spire's recently closed Piedmont Natural Gas Tennessee acquisition.
- Spire reaffirms FY2026 adj. EPS guide of $5.25-$5.45; will revise on Q2 call in May.
- FY2027 adj. EPS guide remains $5.40-$5.60; long-term EPS growth 5-7% from original $5.75 base.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000119312526155936/0001193125-26-155936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126956/000119312526155936/sr-20260414.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-155936

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