Laclede Group Inc Corporate Unit (OTCMKTS:LGPRU) is a utility holding company headquartered in St. Louis, Missouri, with principal operations conducted through its regulated subsidiaries that distribute natural gas to residential, commercial and industrial customers. The company’s core activities include the operation and maintenance of gas distribution systems, the management of local gas pipeline networks, and the provision of storage and transportation services designed to ensure safe, reliable and affordable energy delivery. Through its subsidiaries, Laclede Group manages extensive underground and aboveground infrastructure, including mains, service lines and meter installations.
In addition to basic distribution services, Laclede Group’s businesses offer system expansion, maintenance and emergency response solutions to support grid resilience and customer safety. The company invests in modern pipeline materials and advanced leak detection technologies to minimize service disruptions and environmental impact. Its service portfolio includes demand-side management programs, energy efficiency initiatives and customer outreach services aimed at optimizing consumption and promoting sustainable energy use.
Founded as the Laclede Gas Light Company in 1857, Laclede Group has evolved through strategic acquisitions and organizational restructuring to meet growing regional energy needs. The company expanded its footprint in recent decades through acquisitions such as Alabama Gas Corporation and Willmut Gas, now operating under the Spire brand in Missouri, Alabama and Mississippi. With a history spanning more than 160 years, Laclede Group has navigated regulatory changes and industry transformations, adapting its business model to serve both urban and rural markets across the U.S. Midwest and Southeast.
Laclede Group’s governance structure features a board of directors and an executive leadership team led by CEO Annise E. Berry, supported by senior officers in finance, operations and regulatory affairs. The company engages with state public utility commissions to develop rate structures that balance customer affordability with infrastructure investment. Through ongoing capital projects, workforce training and stakeholder partnerships, Laclede Group continues to address the energy challenges of tomorrow while maintaining its commitment to safety, reliability and community engagement.
AI Generated. May Contain Errors.