Inaugural Spire Natural Gas Fueling Station Opens

Innovation to fuel transportation fleets

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Feb 27, 2014, 07:09 ET

ST. LOUIS, Feb. 27, 2014 /PRNewswire/ -- There are a growing number of vehicles now capable of running on natural gas, a much cleaner and more economical transportation fuel. As the need to power these vehicles grows, The Laclede Group, Inc. (NYSE: LG) is proud to announce the opening of its premiere Spire compressed natural gas fueling station near Lambert-St. Louis International Airport.

"Natural gas is an alternative fuel that is clean, abundant and domestic. Most important for our customers is the significant savings in fuel costs. The Spire station near the airport is currently selling compressed natural gas for less than two dollars per gallon, nearly a dollar less than gasoline. That's an advantage you just can't ignore," said Mike Spotanski, president of Spire and Laclede Group senior vice president.

Located on approximately one acre of the Super Park Lot C facility at I-70 and Cypress Road, the station is open 24 hours a day, initially fueling 160 fleet vehicles already on the road with capacity to accommodate a growing local and regional need. In addition to fleets, the station will also be available to individuals using natural gas to fuel their vehicles.

The St. Louis station is the first in commercial operation for Spire, which was launched a year ago. The Spire team stands ready to offer natural gas vehicle solutions in select locations across the U.S., meeting the full spectrum of products and services fleet managers need, including:

Complete station financing with no capital outlay
Strategic planning, station design, construction and/or building modification
Technical training, safety and compliance
Fully owned, operated and maintained by Spire

For more information, visit www.SpireNaturalGas.com.

ABOUT THE LACLEDE GROUP
The Laclede Group, Inc. (NYSE: LG), headquartered in St. Louis, Missouri, is a public utility holding company. The Gas Utility segment serves St. Louis and eastern Missouri through Laclede Gas and serves Kansas City and western Missouri through Missouri Gas Energy. Together they provide more than 1.13 million residential, commercial and industrial customers with safe and reliable natural gas service. Laclede's primary non-utility business, Laclede Energy Resources, Inc., included in the Gas Marketing segment, provides non-regulated natural gas services. Laclede Group is committed to pursuing growth through 1) developing and investing in emerging technologies; 2) investing in infrastructure; 3) acquiring businesses to which the Company can apply its operating model, and 4) leveraging its current business unit competencies. For more information about Laclede and its subsidiaries, visit www.TheLacledeGroup.com.