---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-290674"
form_type: "8-K"
ticker: "SR"
cik: "0001126956"
company_name: "SPIRE INC"
filed_at: "2026-06-30T20:33:41+00:00"
generated_at: "2026-06-30T20:35:24.730211+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spire completes sale of natural gas storage businesses to I Squared Capital for $650M

## Summary
- Total consideration $650M: $600M cash at closing plus $50M deferred payment in FY2027.
- Proceeds used to partially fund the acquisition of Piedmont Natural Gas Tennessee business (closed March 31, 2026).
- Spire Storage employees and customers become part of new I Squared portfolio company Bear River Midstream LLC.
- Storage assets include two Wyoming fields (55 Bcf working gas capacity) and one Oklahoma field (17 Bcf).
- Transaction sharpens Spire's focus on regulated natural gas utility operations and enhances financial position.

## SEC filing metadata
- accession: 0001193125-26-290674
- form_type: 8-K
- ticker: SR
- cik: 0001126956
- company_name: SPIRE INC
- filed_at: 2026-06-30T20:33:41+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126956/000119312526290674/0001193125-26-290674-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126956/000119312526290674/sr-20260630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-290674
- JSON: https://secwatch.observer/filing/0001193125-26-290674.json
- Plain text: https://secwatch.observer/filing/0001193125-26-290674.txt

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