Spire completes $657M sale of gas storage assets to I Squared Capital

Filed June 30, 2026 · Period ending June 30, 2026 · ~1 min read

Key Changes

• high

  Spire sold Wyoming and Oklahoma gas storage subsidiaries (72 Bcf combined capacity) to I Squared Capital for $657M: $607M cash at close, $50M deferred to Sept 2027.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →
• high

  Proceeds will fund regulated utility operations, capital investments, and debt reduction, including partial funding of the Piedmont Natural Gas Tennessee acquisition closed March 31, 2026.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →
• low

  Transaction closed after satisfying customary conditions including HSR antitrust clearance; no regulatory obstacles emerged.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →