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Duke Energy to Issue $10B Equity to Support Gas Generation Growth

Duke Energy logoDuke Energy
Sig6.35Sen+1.55Env-3.90Soc-0.55Gov+1.25

More than 5 GW of data centers are under construction in Duke Energy’s six-state territory and it has signed 7.8 GW of service agreements. The company is executing what it calls the industry’s largest regulated capital plan, spending over $1B per month, including new 7.5 GW gas plants with 4.5 GW batteries, plus 300 MW nuclear upgrades, and reviewing a possible sale of its Cayuga coal plant amid NC base-rate criticism.

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