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Ky. PSC Denies Duke Energy Kentucky's $25 Million Capital Lease Request
May 29, 2025
WASHINGTON, May 29 -- The Kentucky Public Service Commission has denied Duke Energy Kentucky Inc.'s, Cincinnati, Ohio, application to enter into up to $25 million in capital lease obligations. The utility had sought authorization to utilize capital leases as a flexible financing option for its capital requirements through December 31, 2026.

Duke Kentucky initially filed its application on October 1, 2024, proposing to use capital leases for various assets, including operating e . . .

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