Delta Mississippi Gas Company, LLC /
Spire Mississippi Inc.
Spire unit agrees to sell Mississippi gas utility
Source for the buyer and target: Spire Inc
For the buyer and target.
“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”).”
Published 22 Apr 2026
Open the sourceWhat happened
Spire EnergySouth Inc., a wholly-owned subsidiary of Spire Inc., agreed to sell all of the shares of Spire Mississippi Inc. to Delta Mississippi Gas Company, LLC. Spire Mississippi operates a natural gas utility serving customers in Mississippi. [01]
The purchase price is $75 million, subject to adjustments. Closing is expected in the first quarter of Spire's fiscal year 2027, subject to approval from the Mississippi Public Service Commission. Purchaser would pay a reverse termination fee of $7.5 million in certain cases. [01]
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Spire unit agrees to sell Mississippi gas utility
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