Duke Energy to Sell Distributed Generation Portfolio in $364 Million Deal

 

 

  

 

American energy company Duke Energy announced on Monday that it has agreed to sell its distributed generation portfolio in a deal worth $364 million. The portfolio includes solar projects and battery storage assets. The buyer of the portfolio was not disclosed in the announcement. The sale is expected to close in the fourth quarter of 2023. Duke Energy's decision to sell its distributed generation portfolio is part of the company's strategy to focus on its core business of generating and distributing electricity. 

 

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