Duke Energy to Sell Commercial Distributed Generation Business to ArcLight for $364 Million
July 06, 2023
July 06, 2023
CHARLOTTE, North Carolina, July 6 -- Duke Energy issued the following news release on July 5, 2023:
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* Sale expected to close by year-end 2023
* Transaction supports company's long-term regulated clean energy strategy
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Duke Energy (NYSE: DUK) today announced it has reached an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC (collectively, "ArcLigh . . .
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* Sale expected to close by year-end 2023
* Transaction supports company's long-term regulated clean energy strategy
* * *
Duke Energy (NYSE: DUK) today announced it has reached an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC (collectively, "ArcLigh . . .