- American City Business Journals•22 days ago
Spire said in a filing Tuesday that a Public Service Commission staff report incorrectly summarized its own findings, falsely leading to the impression that the St. Louis-based natural gas firm has increased rates to fund acquisitions. The PSC staff report said that Spire’s 2014 acquisition of Alagasco for $1.6 billion had led to higher rates for Missouri ratepayers , and that Spire’s proposed $344 million purchase of EnergySouth would impact ratepayers similarly. It also alleged that customer service quality had decreased and that Spire’s Laclede Gas unit had provided services to Spire and Alagasco in connection with the acquisition, in violation of a commission rule.
- American City Business Journals•5 months ago
Spire Inc., the company formerly known as The Laclede Group, reported consolidated net income of $100.8 million for the second quarter of the fiscal year, up from $94.4 million in the prior-year quarter, reflecting higher earnings from both its gas utility and gas marketing segments. The company reported total operating revenue of $609.3 million in the second quarter of fiscal 2016, down from $877.4 million reported in the prior-year quarter. Spire's gas utility segment, which includes its Laclede Gas, Missouri Gas Energy and Alagasco utilities, reported net income of $102.4 million, up from $96.2 million in the prior-year quarter.
- Business Wire•8 months agoSpire Corporation Completes Sale of Sun Simulator Business; will Focus its Efforts on Manufacturing Lines
Spire Corporation , a global solar company providing capital equipment and turnkey manufacturing lines to produce and characterize photovoltaic modules, cells, and wafers, today announced that it recently completed the sale of substantially all the assets of its Sun Simulator technology line , as described in more detail below, to Eternal Sun USA, LLC .
Spire Corp. (SPIR)
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