Hunton Andrews Kurth LLP advised Duke Energy Corporation (Duke Energy or the Company) in connection with the establishment of its at-the-market program to sell shares of its common stock having an aggregate sales price of up to $6 billion from time to time through either the sales agents or the forward sellers, who will, at the Company’s request, borrow shares of the Company’s common stock from third parties and sell a number of shares of common stock equal to the number of shares underlying the forward sale agreement to hedge the forward sale agreement, under two separate forms of forward sale agreements.

Duke Energy, together with its subsidiaries, is a diversified energy company headquartered in Charlotte, North Carolina, with both regulated and unregulated utility operations. It conducts its business through two operating business segments: Electric Utilities and Infrastructure and Gas Utilities and Infrastructure. Duke Energy's Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution, and sale of electricity to approximately 8.7 million customers within the Southeast and Midwest regions of the United States. Its Gas Utilities and Infrastructure segment has over 1.8 million total customers, including 1 million customers in the Carolinas, 205,000 customers in Tennessee, and 565,000 customers in southwestern Ohio and northern Kentucky.

The Hunton team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman, and Monika M. Dziewa. Joseph B. Buonanno provided advice on the forward component.