Laclede Gaslight Company
| Company type | Subsidiary |
|---|---|
| Industry | Natural gas distribution |
| Predecessor | Laclede Gas Light Company |
| Founded | March 2, 1857 in Missouri, United States |
| Headquarters | St. Louis , United States |
Area served | St. Louis and ten counties in eastern Missouri |
| Products | Natural gas distribution, underground natural gas storage, propane storage cavern, propane vaporization operations |
| Owner | Spire Inc |
| Parent | Spire Inc |
| Website | www |
Laclede Gas Company stands as Missouri's foremost natural gas distribution utility, catering to approximately 632,000 clients across residential, commercial, and industrial sectors in St. Louis and ten counties in eastern Missouri. In addition to its distribution services, the company manages an underground natural gas storage facility, a propane storage cavern, and propane vaporization operations.
As a regulated public utility, Laclede Gas operates as a fully owned subsidiary of Spire Inc (previously known as Laclede Group). Its main offices are located within the 700 Market building situated in downtown St. Louis.
History
Originally established under the name Laclede Gas Light Company, the enterprise primarily provided gas lighting solutions for streets and residences, which was a predominant use of natural gas prior to the widespread adoption of electric lighting and gas heating systems.
Incorporated in Missouri on March 2, 1857, and named after Pierre Laclède, the founder of St. Louis, the company played a significant role in the early development of regional utility services. The North American Company, a utility conglomerate, acquired Laclede Gas along with several other local utilities in 1905.
Due to antitrust issues in Missouri in 1909, North American divested Laclede Gas to a group of investors from St. Louis led by broker G. H. Walker and businessman Adolphus Busch for $7 million. While Walker planned to sell his stake, Busch contributed an investment of $1 million.
See also
- Erastus Wells, early president of the company
- Spire Inc — formerly known as The Laclede Group Inc.
External links
- Natural gas companies of the United States
- Energy infrastructure in Missouri
- Companies based in St. Louis
- American companies established in 1857
- Energy companies established in 1857
- Non-renewable resource companies established in 1857
- 1857 establishments in Missouri
- Former components of the Dow Jones Industrial Average