
Investments
14Partners & Customers
10Service Providers
3About 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.

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CB Insights Intelligence Analysts have mentioned Duke Energy in 5 CB Insights research briefs, most recently on Mar 9, 2022.

Aug 18, 2021
From AT&T To Xerox: 90+ Corporate Innovation LabsLatest Duke Energy News
Jan 27, 2023
Daily Energy Insider Published on January 27, 2023 by Chris Galford © Shutterstock Commercial operations began at the 120 MW Jackpot Solar project in Twin Falls County, Idaho, this week, launching the state’s largest solar installation and the first utility-scale renewable energy project for Duke Energy Sustainable Solutions. Already, Idaho Power has agreed to purchase power from the site for the next 20 years. This will ultimately help that utility advance on a 100 percent clean energy goal for 2045. Running at capacity, the site would have the capability to power approximately 24,000 homes with solar energy. “Entering the Idaho solar market with such a major renewable project is very exciting for Duke Energy,” Chris Fallon, president of Duke Energy Sustainable Solutions, said. “Jackpot Solar will help strengthen the energy diversity in the state and bring additional economic benefits to the state and Twin Falls County while also supporting Idaho Power’s clean energy goals.” While Duke Energy Sustainable Solutions will operate the site, it was built and engineered by SOLV Energy on 952 acres south of Twin Falls, Idaho. In addition to its energy offerings, the facility will bring tax revenues for the local Filer Consolidated School District, and the Duke Energy Foundation awarded a $15,000 grant to the Shoshone Basin Rangeland Fire Protection Association to support safety for rural sections of the county in which Jackpot operates.
Duke Energy Investments
14 Investments
Duke Energy has made 14 investments. Their latest investment was in Tampa Bay Innovation Center as part of their Grant on November 11, 2022.

Duke Energy Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/22/2022 | Grant | Tampa Bay Innovation Center | $0.02M | Yes | 1 | |
4/29/2022 | Series D | SOURCE Global | $130M | No | 2 | |
2/4/2022 | Series B | Viatec | Yes | Duke Energy, and Terex | 1 | |
6/17/2020 | Series C - II | |||||
1/9/2019 | Corporate Minority |
Date | 11/22/2022 | 4/29/2022 | 2/4/2022 | 6/17/2020 | 1/9/2019 |
---|---|---|---|---|---|
Round | Grant | Series D | Series B | Series C - II | Corporate Minority |
Company | Tampa Bay Innovation Center | SOURCE Global | Viatec | ||
Amount | $0.02M | $130M | |||
New? | Yes | No | Yes | ||
Co-Investors | Duke Energy, and Terex | ||||
Sources | 1 | 2 | 1 |
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 | Acquired - II | 1 | ||||
12/22/2015 | ||||||
10/22/2015 | Other Venture Capital | |||||
2/9/2015 | ||||||
7/3/2012 |
Date | 12/7/2017 | 12/22/2015 | 10/22/2015 | 2/9/2015 | 7/3/2012 |
---|---|---|---|---|---|
Investment Stage | Other Venture Capital | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired - II | ||||
Sources | 1 |
Duke Energy Partners & Customers
10 Partners and customers
Duke Energy has 10 strategic partners and customers. Duke Energy recently partnered with Amazon Web Services on November 11, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
11/17/2022 | Vendor | United States | Duke Energy to build new smart grid solutions on AWS Through this partnership with Amazon Web Services , Inc. , we 'll be able to make better decisions at the micro and macro levels to meet the evolving needs of our customers and communities as we build a smarter , cleaner energy future together , '' said Harry Sideris , executive vice president of customer experience , solutions and services at Duke Energy . | 8 | |
11/15/2022 | Client | United States | The Wendy’s Company partners with Duke Energy Florida for renewable energy Our partnership with Duke Energy offers a cost-effective and easy way to offset our electricity use with renewable energy credits , while at the same time funding solar power that will benefit local communities , '' said Liliana Esposito , chief corporate affairs and sustainability officer for Wendy 's Company 's . | 1 | |
9/12/2022 | Partner | United States | Clearwater Marine Aquarium, Duke Energy bring clean energy to Pinellas County with new solar canopy Dolphin Solar Canopy at Clearwater Marine Aquarium , in partnership with Duke Energy . | 5 | |
8/30/2022 | Partner | ||||
7/29/2022 | Client |
Date | 11/17/2022 | 11/15/2022 | 9/12/2022 | 8/30/2022 | 7/29/2022 |
---|---|---|---|---|---|
Type | Vendor | Client | Partner | Partner | Client |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Duke Energy to build new smart grid solutions on AWS Through this partnership with Amazon Web Services , Inc. , we 'll be able to make better decisions at the micro and macro levels to meet the evolving needs of our customers and communities as we build a smarter , cleaner energy future together , '' said Harry Sideris , executive vice president of customer experience , solutions and services at Duke Energy . | The Wendy’s Company partners with Duke Energy Florida for renewable energy Our partnership with Duke Energy offers a cost-effective and easy way to offset our electricity use with renewable energy credits , while at the same time funding solar power that will benefit local communities , '' said Liliana Esposito , chief corporate affairs and sustainability officer for Wendy 's Company 's . | Clearwater Marine Aquarium, Duke Energy bring clean energy to Pinellas County with new solar canopy Dolphin Solar Canopy at Clearwater Marine Aquarium , in partnership with Duke Energy . | ||
Sources | 8 | 1 | 5 |
Duke Energy Service Providers
3 Service Providers
Duke Energy has 3 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
PIPE | Management Consultants | Financial Advisor | |
Service Provider | |||
---|---|---|---|
Associated Rounds | PIPE | ||
Provider Type | Management Consultants | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Duke Energy Team
41 Team Members
Duke Energy has 41 team members, including current Chief Executive Officer, Paul Anderson.
Name | Work History | Title | Status |
---|---|---|---|
Paul Anderson | Chief Executive Officer | Current | |
Name | Paul Anderson | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
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