Hunton & Williams Advises Duke Energy Corporation in $1.75 billion Aggregate Principal Amount Senior Notes Offering

Hunton & Williams LLP advised Duke Energy Corporation (Duke Energy) in connection with an SEC-registered offering of $500 million aggregate principal amount of its 2.40% Senior Notes due 2022, $750 million aggregate principal amount of its 3.15% Senior Notes due 2027 and $500 million aggregate principal amount of its 3.95% Senior Notes due 2047.

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 7.5 million customers within the Southeast and Midwest regions of the United States.  Duke Energy’s gas utilities and infrastructure segment serves over 1.5 million customers, including more than 1 million customers located in North Carolina, South Carolina and Tennessee.   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 2,900 megawatts across 14 states from 21 wind farms and 63 commercial solar farms.

The Hunton & Williams team included Pete O’Brien, Christina Kwon, Andrew Spector and Patrick Jamieson.  Cary Tolley and Anna Page provided tax advice.