Hunton Andrews Kurth LLP advised Duke Energy Florida, LLC (the Company) on a SEC-registered offering of approximately $275 million aggregate principal amount of First Mortgage Bonds, Floating Rate Series due 2076. The Company will pay interest on the Bonds quarterly in arrears at a floating rate equal to compounded SOFR minus 0.35%.

The Company, a Florida limited liability company and an indirect wholly-owned subsidiary of Duke Energy Corporation, is a regulated public utility primarily engaged in the generation, transmission, distribution, and sale of electricity in portions of Florida. The Company’s service area covers approximately 13,000 square miles and supplies electric service to 2.1 million residential, commercial and industrial customers. As of December 31, 2025, the Company’s asset portfolio included approximately 12,765 megawatts of owned generation capacity, 49,700 miles of distribution lines and 5,500 miles of transmission lines.

The Hunton team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman, and Monika M. Dziewa. Robert McNamara and William Freeman provided tax advice.