Duke Energy

Duke Energy is a major electric power holding company based in the United States, providing electric and natural gas services to approximately 7.5 million customers across six states, including Ohio and Kentucky. The company operates through two primary segments: Electric Utilities and Infrastructure, and Gas Utilities and Infrastructure. It generates electricity from a diverse mix of sources, including coal, nuclear, hydroelectric, solar, and natural gas, and boasts an electric generating capacity of about 35,000 megawatts in the Carolinas and the Midwest. In addition to electricity, Duke Energy also offers natural gas transportation and distribution services. The company is committed to sustainability and community support, further evidenced by its philanthropic efforts through the Duke Energy Foundation, which focuses on enhancing community vitality and promoting climate resilience. Founded in 1837 and headquartered in Charlotte, North Carolina, Duke Energy continues to play a significant role in the energy sector.

Garo Aghjayan

Director of Retirement

Chris Bauer

Treasury Director

Selim Bingol

Senior Vice President and Chief Communications Officer

Bryan Buckler

Vice President of Investor Relations

Michael Callahan

Vice President, Investor Relations

William Currens

Senior Vice President, Controller and Chief Accounting Officer

Lynn Good

Chairman, President and Chief Executive Officer

Christopher Heck

Vice President and Chief Information Officer

Dwight Jacobs

Senior Vice President, Chief Accounting Officer, Tax and Controller

Stephen De May

Senior Vice President, Tax and Treasurer

Abby Motsinger

Manager, Investor Relations

Jack Sullivan

Corporate Finance Director and Assistant Treasurer

Mike Switzer

Director, Investor Relations

Charlie Taft

Director of Finance and Operations and Treasurer

Sean Trauschke

Senior Vice President of Investor Relations and Financial Planning

Steven Young

Executive Vice President and Chief Financial Officer

Past deals in North Carolina

Piedmont Natural Gas

Acquisition in 2015
Piedmont Natural Gas Company, Inc., a public utility company, distributes natural gas. It is also involved in the natural gas and fuel oil supply, transportation, and storage activities. The company distributes natural gas through transmission pipelines and distribution mains. It serves approximately one million residential, commercial, industrial, power generation, and municipal customers located in North Carolina, South Carolina, and Tennessee. The company was incorporated in 1950 and is based in Charlotte, North Carolina. Piedmont Natural Gas Company, Inc. is a subsidiary of Duke Energy Corporation.

PROGRESS ENERGY

Acquisition in 2011
Progress Energy, Inc., a utility holding company, engages in the generation, transmission, distribution, and sale of electricity in portions of North Carolina and South Carolina and in portions of Florida. The company has approximately 22,000 megawatts (MW) of regulated electric generation capacity and serves approximately 3.1 million retail electric customers, as well as other load-serving entities. Segments The company's segments are Carolina Power & Light Company (PEC) and Florida Power Corporation (PEF). PEC PEC is a regulated public utility primarily engaged in the generation, transmission, distribution and sale of electricity in portions of North and South Carolina.