Monday, June 15, 2026

Duke Energy Closes Piedmont Natural Gas Acquisition, Gains 1 Million New Gas Customers

Duke Energy Grows  Duke Energy closed its acquisition of Piedmont Natural Gas, saying Piedmont will retain its name and operate as a business unit of Duke Energy. Both companies are headquartered in Charlotte. The acquisition adds Piedmont’s 1 million natural gas customers to Duke Energy’s existing customer base of 525,000 natural gas customers and 7.4 million electric customers. The North Carolina Utilities Commission last