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Corporation
ENERGY & UTILITIES | Electric
duke-energy.com

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Investments

11

Portfolio Exits

6

Partners & Customers

10

About Duke Energy

Duke Energy (NYSE: DUK) is a large electric power holding company. The company's regulated utility operations serve approximately 7.3 million electric customers located in six states in the Southeast and Midwest. Duke Energy's commercial power and international energy business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.

Duke Energy Headquarter Location

550 S. Tryon Street

Charlotte, North Carolina, 28202,

United States

800-452-2777

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Expert Collections containing Duke Energy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Duke Energy in 2 Expert Collections, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

G

Grid and Utility

30 items

This collection includes companies that are working on software and hardware to improve grids, utilizing new pricing models, and developing microgrids. It also includes utilities and energy companies that act as investors.

Duke Energy Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Duke Energy Rank

Research containing Duke Energy

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CB Insights Intelligence Analysts have mentioned Duke Energy in 2 CB Insights research briefs, most recently on Mar 3, 2021.

Latest Duke Energy News

Duke Energy ranked No. 1 among U.S. utilities for investor transparency

Oct 19, 2021

News provided by Share this article Share this article CHARLOTTE, N.C., Oct. 19, 2021 /PRNewswire/ -- Duke Energy (NYSE: DUK ) has been ranked No. 1 among U.S. utilities for investor transparency in 2021 by an independent global communications firm that specializes in corporate disclosure documents. Atlanta-based Labrador reviewed the proxy statements, SEC Form 10-K filings and website investor pages of all S&P 250 companies – the nation's 250 largest companies based on market capitalization. The firm ranked Duke Energy's disclosure documents No. 1 for investor transparency among the nation's utilities – and No. 7 among all companies – based on quality and completeness of information. "For the 3rd consecutive year, Duke Energy scored among the Top 20 for overall corporate transparency," Labrador said. "It's clear that Duke Energy places an emphasis on providing clear and meaningful disclosure to its stakeholders. The company goes beyond regulation, and provides the additional information key stakeholders are seeking." "Each year, the (ranking) criteria evolve and address more issues as the needs of the investor community grow, but the mission of these awards remains the same: Transparency creates confidence and therefore value for companies and their stakeholders," Labrador added. The review covers various criteria that reflect what Labrador calls "the four pillars of transparency" – accessibility, precision, comparability and availability. "Duke Energy makes transparency a top priority," said Kodwo Ghartey-Tagoe, Duke Energy executive vice president, chief legal officer and corporate secretary. "Providing clear, complete and easily accessible information to our customers, investors and the general public is a cornerstone of our company's commitment to integrity and openness." Duke Energy web pages and documents reviewed by Labrador include: Duke Energy Duke Energy (NYSE: DUK ), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 7.9 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 51,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,500 people. Duke Energy is executing an aggressive clean energy strategy to create a smarter energy future for its customers and communities – with goals of at least a 50 percent carbon reduction by 2030 and net-zero carbon emissions by 2050. The company is a top U.S. renewable energy provider, on track to own or purchase 16,000 megawatts of renewable energy capacity by 2025. The company also is investing in major electric grid upgrades and expanded battery storage, and exploring zero-emitting power generation technologies such as hydrogen and advanced nuclear. Duke Energy was named to Fortune's 2021 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at  duke-energy.com . The  Duke Energy News Center  contains news releases, fact sheets, photos and videos. Duke Energy's  illumination  features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter , LinkedIn , Instagram and Facebook . Media contact: Dave Scanzoni

Duke Energy Investments

11 Investments

Duke Energy has made 11 investments. Their latest investment was in SOURCE Global as part of their Series C - II on June 6, 2020.

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Duke Energy Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/17/2020

Series C - II

SOURCE Global

$50M

Yes

2

1/9/2019

Corporate Minority

Open Energy Solutions

$3M

Yes

2

12/14/2015

Series C

Encyle

$11.5M

Yes

1

7/2/2013

Series C - II

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$99M

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10

11/20/2012

Series B - II

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$99M

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10

Date

6/17/2020

1/9/2019

12/14/2015

7/2/2013

11/20/2012

Round

Series C - II

Corporate Minority

Series C

Series C - II

Series B - II

Company

SOURCE Global

Open Energy Solutions

Encyle

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Amount

$50M

$3M

$11.5M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

2

1

10

10

Duke Energy Portfolio Exits

6 Portfolio Exits

Duke Energy has 6 portfolio exits. Their latest portfolio exit was Duke Energy - Latin American Businesses on October 10, 2016.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/10/2016

Divestiture

$991

5

00/00/0000

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10

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$991

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10

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10

00/00/0000

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10

Date

10/10/2016

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

Divestiture

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Companies

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Valuation

$991

$991

Acquirer

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Sources

5

10

10

10

10

Duke Energy Acquisitions

6 Acquisitions

Duke Energy acquired 6 companies. Their latest acquisition was REC Solar on December 07, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/7/2017

Corporate Majority

Acquired - II

1

12/22/2015

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$991

$99M

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10

10/22/2015

Corporate Majority

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$99M

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10

2/9/2015

Corporate Majority

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$99M

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10

7/3/2012

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$991

$99M

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10

Date

12/7/2017

12/22/2015

10/22/2015

2/9/2015

7/3/2012

Investment Stage

Corporate Majority

Corporate Majority

Corporate Majority

Companies

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Valuation

$991

$991

Total Funding

$99M

$99M

$99M

$99M

Note

Acquired - II

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Sources

1

10

10

10

10

Duke Energy Partners & Customers

10 Partners and customers

Duke Energy has 10 strategic partners and customers. Duke Energy recently partnered with Barrette Outdoor Living on July 7, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

7/14/2021

Partner

Barrette Outdoor Living

United States

Barrette Outdoor Living Receives 2021 Duke Energy Partner Award for Sustainability Excellence - Barrette Outdoor Living BROOKSVILLE, FL (July 14, 2021) – Barrette Outdoor Living is the recipient of the 2021 Duke Energy Power Partner Award for Sustainability Excellence.

Barrette Outdoor Living and Duke Energy Renewables have an interconnection agreement for solar production that is the result of a rooftop solar array placed on the company 's 300,000 square foot aluminum fence and railing manufacturing facility in Brooksville , FL -- the largest privately-owned solar project in Florida at the time of contract .

1

6/10/2021

Partner

Amply Power

United States

AMPLY Power and Duke Energy collaborate on solar-powered overhead charging solution

Once built and installed in a depot , AMPLY Power and Duke Energy will manage the solar charging and maintenance operations via a power purchase agreement , a common financing model used in the commercial solar industry .

1

6/7/2021

Client

Charles River Laboratories

United States

Charles River Laboratories Announces Long-Term Solar Contract for North American Operations

Charles River Laboratories and Duke Energy * have entered into a 15-year , 102 megawatt virtual power purchase agreement .

2

4/8/2021

Vendor, and Client

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10

1/14/2021

Partner

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10

Date

7/14/2021

6/10/2021

6/7/2021

4/8/2021

1/14/2021

Type

Partner

Partner

Client

Vendor, and Client

Partner

Business Partner

Barrette Outdoor Living

Amply Power

Charles River Laboratories

Country

United States

United States

United States

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News Snippet

Barrette Outdoor Living Receives 2021 Duke Energy Partner Award for Sustainability Excellence - Barrette Outdoor Living BROOKSVILLE, FL (July 14, 2021) – Barrette Outdoor Living is the recipient of the 2021 Duke Energy Power Partner Award for Sustainability Excellence.

Barrette Outdoor Living and Duke Energy Renewables have an interconnection agreement for solar production that is the result of a rooftop solar array placed on the company 's 300,000 square foot aluminum fence and railing manufacturing facility in Brooksville , FL -- the largest privately-owned solar project in Florida at the time of contract .

AMPLY Power and Duke Energy collaborate on solar-powered overhead charging solution

Once built and installed in a depot , AMPLY Power and Duke Energy will manage the solar charging and maintenance operations via a power purchase agreement , a common financing model used in the commercial solar industry .

Charles River Laboratories Announces Long-Term Solar Contract for North American Operations

Charles River Laboratories and Duke Energy * have entered into a 15-year , 102 megawatt virtual power purchase agreement .

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Sources

1

1

2

10

10

Duke Energy Team

37 Team Members

Duke Energy has 37 team members, including current Chief Executive Officer, Paul Anderson.

Name

Work History

Title

Status

Paul Anderson

Chief Executive Officer

Current

Pbs Ffrontline

Chief Executive Officer, President

Current

Lee A. Mcintire

Chief Executive Officer, President

Current

James E. Rogers

Chief Executive Officer, President

Current

Rob Caldwell

President, Senior Vice President

Current

Name

Paul Anderson

Pbs Ffrontline

Lee A. Mcintire

James E. Rogers

Rob Caldwell

Work History

Title

Chief Executive Officer

Chief Executive Officer, President

Chief Executive Officer, President

Chief Executive Officer, President

President, Senior Vice President

Status

Current

Current

Current

Current

Current

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