Hunton Advises on Duke Energy Florida’s $1.1B First Mortgage Bond Offering

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November 26, 2025
News

Hunton Andrews Kurth LLP advised Duke Energy Florida, LLC (the “Company”) on SEC-registered offerings of: (i) $500 million aggregate principal amount of First Mortgage Bonds, 4.20% Series due 2030 and (ii) $600 million aggregate principal amount of First Mortgage Bonds, 4.85% Series due 2035.

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 million residential, commercial and industrial customers. As of December 31, 2024, the Company’s asset portfolio included approximately 12,542 megawatts of owned generation capacity, 48,700 miles of distribution lines and 5,400 miles of transmission lines.

The Hunton team included Peter K. O’BrienBrendan P. HarneyReuben H. Pearlman and Monika M. DziewaRobert McNamara and William Freeman provided tax advice.

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