Vectren ( VVC) bought Duke Energy ( DUK - Get Report) out of their Miller Pipeline venture.

The financial terms of the deal were not disclosed.

"The Miller acquisition directly supports the core utility business and helps grow our non-utility business portfolio," said Vectren. "Miller is strategically positioned to be a key player in the replacement of the region's aging infrastructure and to meet demand for all types of pipeline contracting and rehabilitation services."

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