Duke Energy announces notice of redemption of all Junior Subordinated Debentures due Jan. 15, 2073

CHARLOTTE, NC – Duke Energy Corporation today announced that it has issued a notice of redemption for all of its outstanding 5.125% Junior Subordinated Debentures due Jan. 15, 2073 (NYSE: DUKH) (CUSIP: 26441C303) (“the debentures”) at a redemption price (“redemption price”) of 100% of the principal amount thereof plus accrued and unpaid interest to but excluding…

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Duke Energy responds to Elliott Management’s latest letter

CHARLOTTE, N.C., — Below is Duke Energy’s (NYSE: DUK) statement in response to Elliott Management’s announcement today: The new Elliott Management letter to the Board of Directors is the latest attempt to push its short-term agenda at the expense of long-term shareholder value as well as the interests of Duke Energy’s employees and the communities it…

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Costs and control in focus as major energy legislation discussed in House

by Jeff Moore, Carolina Journal An energy bill under consideration by state lawmakers prescribes retirement for certain coal-fired plants, increases sourcing from renewables, and significantly alters the oversight authority of the N.C. Utilities Commission. Though developed over the last 18 months with a select group of stakeholders, changes to major energy legislation were discussed in…

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Duke Energy announces $1 million in grant opportunities for North Carolina nonprofits dedicated to social justice, racial equity

Nonprofits serving communities of color will receive $25,000 grants for general operating funds. CHARLOTTE, N.C. – Duke Energy today announced its second annual $1 million grant opportunity through the Duke Energy Foundation for North Carolina nonprofit organizations working for social justice and racial equity.  Applications will be reviewed through a competitive grant cycle, and $25,000…

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Duke Energy issues statement regarding confirmation of N.C. DEQ Secretary Delli-Gatti

CHARLOTTE, N.C. – Duke Energy today issued the following statement concerning the confirmation of North Carolina DEQ Secretary Delli-Gatti: “We are committed to a clean, reliable energy transition for North Carolina. While the communities we serve are seeing the benefits of this transition already, we understand there are many opportunities left to further this good…

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Duke Energy urges customers to prepare for hurricane season

Company is strengthening electric infrastructure to reduce outages and improve resiliency. Take simple steps now to prepare your home, business for emergencies. CHARLOTTE, N.C. – June 1 marks the beginning of the Atlantic hurricane season and serves as an important reminder to take steps now to prepare for hurricanes and other severe weather to keep…

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Duke Energy responds to Elliott Management’s letter

CHARLOTTE, N.C. – Below is Duke Energy’s (NYSE: DUK) statement in response to Elliott Management’s announcement today: Today’s announcement by Elliott is the latest in a series of proposals that the hedge fund has offered to Duke Energy since July 2020. Throughout, Duke Energy’s Board of Directors has reviewed their proposals in depth and determined…

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Duke Energy teams with ITS to offer customized virtual reality training programs for energy company workers nationwide

Courses can be tailored to meet each utility’s specific needs. Training modules available for natural gas, electric, other energy companies. CHARLOTTE, N.C. – Duke Energy (NYSE: DUK) today announced it is offering virtual reality training services branded “Virtual Crew” to energy companies and contractors nationwide. With Virtual Crew, Duke Energy can customize simulated field training and…

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