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Capital Investments & Customer Expansion Fuel Spire's Growth
ZACKS· 2025-08-22 00:46
Key Takeaways Spire plans $875M in 2025 capital spending, targeting reliability, service and advanced meter rollouts.The company will invest $7.4B over 10 years, aiming for 7-8% long-term rate base growth.Spire expands into Nashville via a $2.48B Piedmont deal, adding 3,800 miles of pipelines.Spire Inc. (SR) benefits from investments in strengthening and extending its operations, allowing it to fulfill rising demand from an increasing consumer base. The company’s use of technology enhances operational effic ...