Laclede Gambles On Alabama Gas Utility

The Laclede Group, a natural-gas utility based in St. Louis, said it would purchase Alabama Gas, the largest natural-gas utility in Alabama, for about $1.3 billion in cash. The acquisition of will diversify Laclede’s regulatory risk exposure by expanding its presence in markets outside of Missouri. The deal will also increase Laclede’s [...]

Laclede Gambles On Alabama Gas Utility

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