Duke Energy to Sell Stake in Pioneer Transmission Joint Venture to John Laing
April 09, 2024
April 09, 2024
CHARLOTTE, North Carolina, April 9 -- Duke Energy issued the following news release:
Duke Energy (NYSE: DUK) today announced it has reached an agreement to sell its 50% ownership interest in Pioneer Transmission LLC (Pioneer) to John Laing Group (John Laing), an international investor and active manager of core infrastructure assets.
Pioneer, a joint venture with American Electric Power (AEP), is a 42.5-mile, 765-kilovolt transmission line with its associated substatio . . .
Duke Energy (NYSE: DUK) today announced it has reached an agreement to sell its 50% ownership interest in Pioneer Transmission LLC (Pioneer) to John Laing Group (John Laing), an international investor and active manager of core infrastructure assets.
Pioneer, a joint venture with American Electric Power (AEP), is a 42.5-mile, 765-kilovolt transmission line with its associated substatio . . .