Spire Inc. completed the sale of Spire Marketing Inc. to Boardwalk Pipelines, LP on April 30, 2026. The transaction was valued at $215 million in cash, subject to customary post-closing adjustments. The sale aligns with Spire's strategic goal to focus on its core regulated natural gas utility operations. Proceeds from the divestiture are earmarked to partially fund the acquisition of the Piedmont Natural Gas Tennessee business and for general corporate purposes. Employees and clients of the marketing unit will transition to the newly formed Boardwalk Continuum Marketing, LLC.