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Duke Energy, Piedmont Natural Gas

Duke Energy sells Piedmont Natural Gas for $2.48 billion
Piedmont Natural Gas is being sold by its parent company Duke Energy in a $2.48 billion deal expected to close early next year. Why it matters: Most people in the Nashville area's natural gas will soon be supplied by Spire,
Duke Energy sells Tennessee natural gas operations to Spire for $2.5 billion
Duke Energy announced this morning that it is selling Piedmont Natural Gas to Spire Inc. (Spire) for nearly $2.5 billion.
Duke Energy to sell Piedmont Natural Gas unit in Tennessee for $2.48 billion
Duke Energy's ambitious growth strategy takes a new turn as the company looks to streamline its operations and redirect billions towards future investments.
Duke Energy boosts capex to $87 billion and sells Florida unit stake to provide funds
U.S. power company Duke Energy will boost its infrastructure investments to $87 billion to meet soaring electricity demand, and will sell a portion of its Florida business to help provide funds, it said on Tuesday.
Brookfield Asset Management to Invest $6B for 19.7% Stake in Duke Energy Florida
Duke on Tuesday said it has entered into a definitive agreement with Brookfield in which the Canadian alternative asset management company will receive a 19.7% indirect equity interest in Duke Energy Florida in an all-cash transaction Duke calls "an attractive and efficient form of financing.
Firm to Get $6B Stake In Duke Energy Florida
An investment firm will spend $6 billion for a stake in Duke Energy Florida in a deal that could play out over three years, Duke Energy, the utility’s parent company, said in U.S. Securities & Exchange Commission filings Tuesday.
Duke Energy sells nearly 20% stake in Florida unit to Brookfield in $6B deal
Duke Energy agreed to sell a 19.7% indirect stake in its Duke Energy Florida business to Brookfield for $6B in cash, helping fund a $4B increase in the Florida unit's five-year capital plan.
Utility Duke Energy to sell Tennessee natural gas business for $2.48 billion
Duke Energy said on Tuesday it would sell its Tennessee natural gas distribution business to Spire for $2.48 billion in cash, ...
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Duke sells Piedmont Natural Gas in all-cash $2.48B deal with Spire
Duke Energy stands to gain $2.48 billion in cash with the sale of its Piedmont Natural Gas Tennessee local distribution ...
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Duke Energy announces nearly $1 billion in profits, plans to merge its two main NC utilities
Duke Energy announced big profits during this week’s quarterly earnings call. The presentation comes on the heels of new ...
Duke Energy to seek NC approval for natural gas project in Charlotte area
Duke Energy predicts that in the next 15 years, Carolina customers’ annual electric use will increase by about 58,000 gigawatt-hours. The utility said that amount of energy is higher than the combined ...
Duke Energy to sell Tennessee natural gas distribution business to Spire in $2.48B deal
Duke Energy agreed to sell its Piedmont Natural Gas Tennessee local distribution company business to Spire for $2.48B in cash ...
Duke Energy proposes natural gas project at site of former coal plant
Duke Energy Corp. (NYSE: DUK) is planning two new natural gas-powered combustion turbines at the former Buck Steam Station site in Rowan County.
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Duke Energy: Call 811 before you dig
Duke Energy is urging everyone to call 811 before digging ahead of National Safe Digging Day. Monday is National Safe Digging ...
Entergy, SWEPCO file for rate increases to fund construction of 3 natural gas-fired power plants
It didn't take two of Arkansas' largest electric utilities long to propose power generation projects under a new law that retooled how utilities are allowed to finance the construction of "strategic ...