---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-168301"
form_type: "8-K"
ticker: "SR"
cik: "0001126956"
company_name: "SPIRE INC"
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:49:55.282953+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Spire sells Mississippi gas utility to Delta Utilities for $75M; expects close in fiscal Q1 2027

## Summary
- Spire Mississippi serves ~18,000 customers with 745 miles of pipelines in south-central MS.
- Sale price of $75M cash represents 1.4x 2025 rate base.
- Proceeds to fund infrastructure investments in Spire's AL, MO, and TN regulated gas utilities.
- Transaction subject to Mississippi Public Service Commission approval; closing targeted by fiscal Q1 2027.
- Employees supporting Spire Mississippi expected to transition to Delta Utilities.

## SEC filing metadata
- accession: 0001193125-26-168301
- form_type: 8-K
- ticker: SR
- cik: 0001126956
- company_name: SPIRE INC
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126956/000119312526168301/0001193125-26-168301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126956/000119312526168301/sr-20260421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-168301
- JSON: https://secwatch.observer/filing/0001193125-26-168301.json
- Plain text: https://secwatch.observer/filing/0001193125-26-168301.txt

## Source-grounded claims
- claim_id: 1e9a42c8e71e8817cc06ee2434d3e8e5f51ddb97
  claim: SPIRE INC entered into Stock Purchase Agreement with Delta Mississippi Gas Company, LLC valued at $75 million (effective 2026-04-21).
  evidence_excerpt: On April 21, 2026, Spire EnergySouth Inc., a Delaware corporation (the “Seller”), a wholly-owned subsidiary of Spire Inc. (“Spire”), entered into a Stock Purchase Agreement (the “Agreement”) with Delta Mississippi Gas Company, LLC, a Delaware limited liability company (“Purchaser”), pursuant to which the Seller agreed to sell all of the issued and outstanding shares of its wholly owned subsidiary, Spire Mississippi Inc., a Mississippi corporation (the “Company” and such transaction, the “Transaction”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1126956/000119312526168301/0001193125-26-168301-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
