Wednesday, October 26, 2011 By 2.bp.blogspot.com
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Duke Energy is the largest electric power holding company in the They have approximately 57,500 megawatts of electric generating capacity in the Carolinas, the Midwest and Florida – and natural gas distribution services in Ohio and Kentucky. Feb. 17 (Bloomberg) -- Duke Energy Corp., the largest U.S. utility owner, is seeking to sell its interest in 13 power plants in the nation’s Midwest after Ohio regulators denied its request to raise rates. Citigroup Inc. and Morgan Stanley are advising CHARLOTTE, N.C., Nov. 10, 2014 /PRNewswire/ -- Duke Energy today announced that the United States Department of Justice and the Federal Trade Commission have granted early termination of the Hart-Scott-Rodino Act waiting period, marking another milestone About a year ago at this time, Duke was interested in Caleb Swanigan. The 6-9 power forward had an abundance of offers and most observers felt Michigan State, Purdue, Kentucky and a host of other Midwest area schools were the only ones with a chance. Duke Energy (NYSE: DUK) has begun the process to exit its Midwest commercial generation business, including its ownership interests in 13 power plants. The power plants have a total capacity of about 6,600-MW. Eleven are located in Ohio, one is in Illinois Duke Energy has initiated a strategic process to exit its Midwest commercial generation business, which includes ownership interests in 13 power plants. The Midwest generation business includes 13 power plants with a total capacity of about 6,600 MW. .
CHARLOTTE, N.C. (AP) — Duke Energy says it’s starting to get out of the power-generation business in the Midwest. The company said Monday its Midwest power plants have produced volatile financial results in a competitive market, and that’s not a good Duke Energy announced plans Monday to exit the commercial electricity generation business in the Midwest, and sell its ownership stakes in 13 coal, natural gas and oil-fired power plants located in Illinois, Ohio and Pennsylvania. The move will make Duke Duke Energy (NYSE:DUK) has decided to sell off its unregulated Midwest generation fleet and has hired Citigroup and Morgan Stanley to advise it on the sale. The decision follows by just days a ruling by Ohio regulators that rejected a plan proposed by Duke Duke Energy Florida proposed approximately $1.8 billion investment in three new generation projects, a combined-cycle plant in Citrus County, an uprate plan at the Hines Energy Complex (Hines) facility and acquisition of the Osprey plant from Calpine .
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