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Duke Energy completed its acquisition of Cinergy Corp in 2006. [58] In July 2004, Duke Energy agreed to pay $208M to settle allegations that it had engaged in price gouging in California during the energy crisis of 2000 and 2001. [59] In December 2009, Duke Energy agreed to spend approximately $93M to resolve violations of the Clean Air Act.
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Piedmont Natural Gas Company, Inc. is a wholly owned subsidiary of Duke Energy.Piedmont is an energy services company whose principal business is the distribution of natural gas to over one million residential, commercial, industrial and power generation customers in portions of North Carolina, South Carolina and Tennessee, including customers served by municipalities who are their wholesale ...
In December 2010, Duke Energy and Alinda Capital Partners LLC formed a joint venture to grow DukeNet Communications in the enterprise and data center space. [ 3 ] [ 4 ] On October 7, 2013, Time Warner Cable (later bought by Charter Communications in 2016) announced that it had agreed to acquire DukeNet Communications LLC for $600 million, and ...
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Duke's goal with its real estate consolidation is trimming its foot print from 2,500,000 square feet (230,000 m 2) to 1,000,000 square feet (93,000 m 2) by 2050. [15] Duke estimates they will save $85 to $90 million over the next five years. [16] Prior to the Duke Energy Plaza, Duke's most visible presence was the Duke Energy Center.
Instead, Duke Energy Indiana would need to seek approval to construct a pipeline to transport carbon to a more suitable site. Edwardsport's pollution per unit of energy produced will be greatly reduced, as particulate matter and mercury will be removed from the syngas. The coal-derived synthetic gas is much cleaner than conventional coal ...