Mo. Utility Reaches $42 Million Deal for Storm Gas Shortages

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By Clark Mindock (June 14, 2022, 3:39 p.m. EDT) — Utilities company Spire Missouri Inc. has negotiated a nearly $42 million settlement with three natural gas distributors it accuses of failing to supply enough of gas to their customers during a cold snap, according to a federal court settlement.

Spire and the three distributors — Energy Capital Partners’ Symmetry Energy Solutions, Exelon Co.’s Constellation NewEnergy Gas Division and Clearwater Enterprises LLC — announced the settlement on Friday. The deal, if approved, would end accusations by the St. Louis-based utility against the companies that they underdelivered the natural gas their customers need during an expected period of high demand in february…

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