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June 13, 2017
Hunton & Williams LLP advised Duke Energy Corporation in connection with the sale of $330,000,000 aggregate principal amount of senior notes in a private placement under Regulation S and Rule 144A of the Securities Act of 1933, as amended, to eligible purchasers.
Duke Energy, together with its subsidiaries, is a diversified energy company headquartered in Charlotte, North Carolina with both regulated and unregulated utility operations. Duke Energy conducts its business through three operating business segments. Duke Energy’s electric utilities and infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States. Duke Energy’s gas utilities and infrastructure segment serves over 1.5 million customers, including more than 1 million customers located in North Carolina, South Carolina and Tennessee. Duke Energy’s commercial renewables segment primarily acquires, builds, develops and operates wind and solar renewable generation throughout the continental United States, with utility-scale wind and solar generation assets totaling 2,900 megawatts across 14 states from 21 wind farms and 63 commercial solar farms.
The Hunton & Williams team included Pete O’Brien, Christina Kwon and Patrick Jamieson. Cary Tolley and Anna Page provided tax advice.