Hunton Andrews Kurth Advises Duke Energy Corporation in its Offering of $500 Million Aggregate Principal Amount of Senior Notes

Time 2 Minute Read
May 15, 2020
News

Hunton Andrews Kurth LLP advised Duke Energy Corporation (Duke Energy) in connection with an SEC-registered offering of $500 million aggregate principal amount of its 2.45% Senior Notes due 2030.

Duke Energy, together with its subsidiaries, is a diversified energy company headquartered in Charlotte, North Carolina with both regulated and unregulated utility operations. Duke Energy conducts its business through three operating business segments. Duke Energy’s electric utilities and infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.8 million customers within the Southeast and Midwest regions of the United States. Duke Energy’s gas utilities and infrastructure segment serves over 1.6 million customers, including more than 1.1 million customers located in North Carolina, South Carolina and Tennessee and an additional 535,000 customers located within southwestern Ohio and northern Kentucky. Duke Energy’s commercial renewables segment primarily acquires, builds, develops and operates wind and solar renewable generation throughout the continental United States, with utility-scale wind and solar generation assets totaling 2,282 megawatts across 19 states from 21 wind facilities, 126 solar projects, 11 fuel cell locations and one battery storage facility.

The Hunton Andrews Kurth team included Pete O’Brien, Christina Kwon and Brendan P. Harney. Robert J. McNamara and Tim Strother provided tax advice.

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