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.

Q2 2025 Management View President and CEO Harry K. Sideris began by announcing Brookfield Infrastructure's $6 billion minority investment in the Florida business, stating, "This transaction enables a material strengthening of our credit profile as we enter this period of significant growth as well as the

Here's how one of Florida's largest utilities plans to use a multi-billion-dollar infusion to enhance reliability and support economic growth across the state.

Duke Energy is partnering with infrastructure investor Brookfield, raising $6 billion in funds to increase capital to allow the electric utility to pay down company debt, maintain credit and expand the company’s existing capital plan.

Duke Energy (NYSE:DUK) said Tuesday it agreed to sell a 19.7% indirect stake in its Duke Energy Florida business to Brookfield (BN) (BAM) for $6B in cash, helping fund a $4B increase in the Florida unit's five-year capital plan aimed at enhancing company's ability to meet growing energy demand.

Here's how one of Florida's largest utilities plans to use a multi-billion-dollar infusion to enhance reliability and support economic growth across the state.