Agreement is first RSG transaction for Spire Marketing
HOUSTON, July 6, 2022
/PRNewswire/ -- Spire Marketing Inc., a wholly owned subsidiary of
Spire Inc. (NYSE: SR), has completed a multi-year agreement to
purchase responsibly sourced gas (RSG) from Ascent Resources.
RSG is a distinct natural gas classification that is verified
for low-emission attributes and produced in an environmentally
responsible manner.
The agreement with Ascent represents the first RSG transaction
for Spire Marketing.
"Increasingly over the past few months, we have received
numerous requests from our clients regarding access to RSG. Our
agreement with Ascent now provides us with the ability to bring
this value to our clients throughout North America," said Patrick Strange, Spire Marketing President.
"Meeting the current and future needs of our clients, both from a
reliability and sustainability standpoint, is core for Spire
Marketing and our parent Spire. We are thankful to Ascent Resources
for their continued leadership in the natural gas market and for
their support in helping us add RSG to our portfolio."
With more than three decades in the natural gas marketing space,
Spire Marketing serves more than 120,000 clients and customers
throughout North America,
including utilities, power generators, industrials, and selected
commercial and retail accounts.
Ascent is one of the largest private producers of natural gas in
the United States, with operations
located in the Utica Shale in southern Ohio. With a continued focus on the
environment and responsible operations, Ascent is committed to
supplying affordable, clean and responsibly sourced gas to the
North American market.
About Spire
At Spire Inc. (NYSE: SR), we believe energy exists to help make
people's lives better. It's a simple idea, but one that's at the
heart of our company. Every day we serve 1.7 million homes and
businesses making us the fifth largest publicly traded natural gas
company in the country. We help families and business owners fuel
their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses
include Spire Marketing, Spire STL Pipeline and Spire Storage. We
are committed to transforming our business through growing
organically, investing in infrastructure, and advancing through
innovation. Learn more at SpireEnergy.com.
Media
Contact:
|
Media
Contact:
|
Jason Merrill
|
Chris
Benton
|
314-365-7125
|
405-252-7850
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jason.merrill@SpireEnergy.com
|
chris.benton@ascentresources.com
|
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SOURCE Spire Inc.