Spire announces sale of gas marketing business to Boardwalk Pipelines for $215 million

Sharpens Spire's focus on regulated natural gas utility businesses Improves risk profile and long-term growth strategy Reaffirms long-term adjusted earnings per share (EPS) growth of 5-7% using original fiscal 2027 adjusted EPS midpoint as a base Proceeds expected to be used to partially fund the acquisition of the Piedmont Natural Gas Tennessee business and general corporate purposes ST. LOUIS, March 30, 2026 /PRNewswire/ -- Spire Inc. (NYSE: SR) today announced it has entered into an agreement to sell its gas marketing business, Spire Marketing Inc. (Spire Marketing) to Boardwalk Pipelines, LP (Boardwalk) for $215 million in cash.