Post Tagged with: "Duke Energy"

Source: Reuters

NextEra’s Duke Energy bid faces plethora of regulatory hurdles

Reuters


NEW YORK – NextEra Energy Inc Chief Executive James Robo joked last week he does not pursue small acquisitions because the reward is not worth the “brain damage” of getting them past regulators.

Yet his $65 billion-plus pursuit of …

Duke takes $1.6 billion charge to exit Atlantic Coast natgas pipe

Duke takes $1.6 billion charge to exit Atlantic Coast natgas pipe

Reuters 


U.S. energy company Duke Energy Corp said Monday it took a $1.6-billion after-tax charge in the second quarter for the cancellation of the Atlantic Coast natural gas pipeline from West Virginia to North Carolina.

Atlantic Coast was the most …

3 Utilities to buy while others are fearful

3 Utilities to buy while others are fearful

360 Feedwire


Wall Street fell into a bear market in just a few weeks and then bounced back in just a few days, jumping by more than 20% in record time. And now stock prices are falling again. To suggest …

April 5, 2020 - 6:28 pm Capital Markets, Energy News, Finance, Press Releases
Climate change and the coal industry; how are regulations impacting coal production.

Climate change and the coal industry; how are regulations impacting coal production.

WTHI-TV10


Oil & Gas Publishers Note: WTHI-TV10 provides a good report on the coal industry, and some good advice is offered in the report: “We need more diversity on our system that our customers would be hurt if we have

Duke Energy to Sell $1.25 Billion of its Commercial Renewable Energy Portfolio to John Hancock

Duke Energy to Sell $1.25 Billion of its Commercial Renewable Energy Portfolio to John Hancock

Duke Energy enters into definitive agreement to sell minority interest in its commercial renewable energy portfolio to John Hancock

Source: Virginia Mercury

Duke Energy Needs ‘Plan B’ If Atlantic Coast Pipeline Fails, CEO Says

From Bloomberg

Duke Energy Corp. will need another way to shuttle natural gas to customers in the U.S. Southeast if the troubled Atlantic Coast shale pipeline fails to overcome legal setbacks, Chief Executive Officer Lynn Good said.

“Atlantic Coast pipeline …

Duke Energy has restored power to more than 1 million customers out of 1.4 million total outages in wake of Florence

Duke Energy has restored power to more than 1 million customers out of 1.4 million total outages in wake of Florence

Duke Energy has restored power to more than 1 million customers out of 1.4 million total outages in wake of Florence

State-of-the-Art Gas Fired Power Station is Generating Power for 2.5 Million People after Conversion from Coal

State-of-the-Art Gas Fired Power Station is Generating Power for 2.5 Million People after Conversion from Coal

$700 million investment addresses growth in the region and expected future energy demand 

Project benefited 150 companies, contributed $12 million to local subcontractors

A new 750-megawatt combined-cycle natural gas plant at the W.S. Lee Station in Anderson County, S.C., began …

Duke Energy to Break Ground on 1,640 MW Gas Plant Next Week

Duke Energy to Break Ground on 1,640 MW Gas Plant Next Week

Combined Cycle Gas Plants Taking Over Coal Generation at a Fast Clip

Duke Energy (ticker: DUK; Duke-Energy.com), one of the power generation giants, is wasting no time replacing coal plants with state of the art gas-fired plants–big ones. …

February 26, 2016 - 6:47 pm Closing Bell Story‎, Oil and Gas 360 Articles
Source: Energy.gov

Duke Energy Acquires Piedmont for Total Consideration of $6.7 Billion

Duke gains 1 million new customers in Piedmont acquisition

North Carolina based Duke Energy (ticker: DUK) announced that it will acquire Piedmont Natural Gas (ticker: PDM) for $4.9 billion in cash, and assume Piedmont’s $1.8 billion in debt, for total …

October 26, 2015 - 3:33 pm Mergers & Acquisitions, Oil and Gas 360 Articles