{"url_path":"/sec/sr/8-k/2026-06-30/item-2-01","section_key":"item-2-01","section_title":"Item 2.01 Completion of Acquisition or Disposition of Assets.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-30","source_url":"https://www.sec.gov/Archives/edgar/data/1126956/0001193125-26-290674-index.html","accession_number":"0001193125-26-290674","cik":"0001126956","ticker":"SR","issuer_name":"SPIRE INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1126956/0001193125-26-290674-index.html","primary_entity_key":"0001126956","primary_entity_name":"SPIRE INC"},"word_count":294,"has_tables":true,"body_markdown":"Item 2.01 Completion of Acquisition or Disposition of Assets.\n\nOn June 30, 2026, Spire Inc. (the “Company”) completed the previously announced transaction (the “Transaction”) pursuant to that certain Membership Interest Purchase Agreement, dated as of April 14, 2026, by and between Spire Midstream LLC, a wholly owned subsidiary of the Company (the “Seller”), and Subterra Energy Borrower, LLC, a Delaware limited liability company and an affiliate of I Squared Capital (the “Buyer”), as successor in interest to Subterra Energy Holdings, LLC, a Delaware limited liability company and the direct parent entity of Buyer (the “Agreement”).\n\nThe Transaction resulted in the sale of all of the issued and outstanding membership interests of Belle Butte LLC, which directly owns Spire Storage West LLC and Spire Storage Salt Plains LLC, for total consideration of $657 million, consisting of $607 million payable in cash at closing (subject to customary price adjustments set forth in the Agreement) and $50 million of deferred consideration payable on or before September 30, 2027.\n\nThe Company previously disclosed the entry into the Agreement in its Current Report on Form 8-K filed on April 15, 2026.\n\nThe Company intends to use the net proceeds from the Transaction for general corporate purposes, including supporting its regulated natural gas utility operations, capital investment plan and debt reduction.\n\nThe Transaction was completed following the satisfaction or waiver of customary closing conditions, including the receipt of required regulatory approvals (including expiration of the applicable waiting period under the HSR Act).\n\nThe foregoing description of the Transaction does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which was filed as Exhibit 10.1 to the Company’s Form 8-K filed on April 15, 2026, and is incorporated herein by reference."}