ST. LOUIS, April 28, 2016 /PRNewswire/ -- Today, shareholders approved renaming The Laclede Group (NYSE: LG) to Spire.
"We are Spire," said Suzanne Sitherwood, president and CEO of Spire. "Our new name unites our natural gas companies, better reflecting our growth and the company we have become. Our focus remains the same – we work for people. We create solutions for tomorrow that connect us, and enrich the lives of every person we serve."
During the last three years, Spire has added nearly one million natural gas customers with two new utility companies, expanded beyond Missouri and quadrupled the value of the company. With all the pieces in place — a larger scale utility business, a focus on organic growth and investments in innovation — we see no limit to what our energy can do for our customers, employees, shareholders and communities.
Utilities and subsidiaries including Alagasco, Laclede Gas, Missouri Gas Energy, Laclede Energy Resources and Spire Natural Gas Fueling Solutions will keep their names and logos until they transition later during 2017.
Starting tomorrow, April 29, the company's common stock shares will trade under the ticker symbol "SR" on the New York Stock Exchange.
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 1.56 million customers 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 regulated utilities - Laclede Gas, Missouri Gas Energy and Alagasco. Our non-regulated businesses Laclede Energy Resources and Spire Natural Gas Fueling Solutions provide energy solutions to other natural gas users. We are committed to transforming our business and pursuing growth by 1) growing our gas utility business through prudent infrastructure upgrades and organic growth initiatives; 2) acquiring and integrating gas utilities; 3) modernizing our gas supply assets, and 4) investing in innovation. Learn more at www.SpireEnergy.com.
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SOURCE Spire Inc.; The Laclede Group