Duke Energy Corp

DUK: XNYS (USA)

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Duke Energy: Sale of Natural Gas Subsidiary to Fund Growth Investment

Andrew Bischof

Jul 29, 2025

Duke Energy announced the sale of the Piedmont Natural Gas Tennessee local distribution company to Spire for $2.48 billion in cash.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

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Duke Energy Corp

Duke Energy: Sale of Natural Gas Subsidiary to Fund Growth Investment

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