Charlotte, NC-based Piedmont Natural Gas (PNG) has completed the $57.5 million sale of half of its 30% interest in SouthStar Energy Services to AGL Resources, effective Jan. 1. PNG retains a 15% ownership and earnings interest in SouthStar, which is no longer subject to any purchase option in favor of AGL. The deal increases to 85% AGL’s ownership interest in Atlanta-based SouthStar, which provides natural gas, transportation and related services to more than 500,000 residential, commercial and industrial customers under the trade names Georgia Natural Gas, Piedmont Energy, Florida Natural Gas and Ohio Natural Gas.

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