Duke Energy Sustainable Solutions Inks 180-MW Virtual Power Purchase Agreement With Verizon

RTTNews | 949 days ago
Stocktwits
Duke Energy Sustainable Solutions Inks 180-MW Virtual Power Purchase Agreement With Verizon

(RTTNews) - Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy (DUK), announced Wednesday it has placed the 207-megawatt (MW) Ledyard Windpower project into commercial operation in Kossuth County, Iowa.

Verizon Communications is supporting the project through a 15-year virtual power purchase agreement (VPPA) for 180 MW of power from the Ledyard project.

This is DESS's first project in the state, providing enough renewable capacity to power the equivalent of 75,000 U.S. homes. It consists of 46 Vestas V150 4.5-MW turbines. Duke Energy Sustainable Solutions is responsible for the site's long-term maintenance and operations.

Ledyard Windpower created about 200 jobs during peak construction. The 12,000-acre agricultural site will continue to be used by farmers. Ledyard Windpower was co-developed by Duke Energy Sustainable Solutions and Amshore Renewable Energy.

Tags: DUK
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Duke Energy Q4 Results Top Estimates; Reaffirms FY23 Outlook

Duke Energy Q4 Results Top Estimates; Reaffirms FY23 Outlook

Duke Energy Corp. (DUK) reported on Thursday a net loss available to common stockholders for the fourth quarter of $531 million or $0.71 per share, compared to net income of $732 million or $0.93 per share in the prior-year quarter.
RTTNews | 920 days ago
Duke Energy Slashes FY22 Outlook As Q3 Adj. EPS Miss Estimates

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Duke Energy Corp. reported on Friday that profit for the third quarter edged up from last year, driven by strong volumes in Electric Utilities and Infrastructure. Adjusted earnings per share missed analysts' expectations, while quarterly revenues topped it. The company also slashed it adjusted earnings outlook for the full-year 2022.
RTTNews | 1017 days ago
Duke Energy Progress Says Customers Will See Bills Increase If NCUC Approves

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Duke Energy Progress, a subsidiary of Duke Energy Corp. (DUK), said Thursday that it has made its annual filings with the North Carolina Utilities Commission (NCUC) this week for costs associated with fuel and various riders, including state programs to encourage renewable energy adoption, and energy efficiency and demand management programs to reduce energy use.
RTTNews | 1158 days ago
Euro Higher Against Majors

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews | 2 days ago
TSX Down Marginally In Lackluster Trade

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Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
RTTNews | 2 days ago
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RTTNews | 2 days ago
European Stocks Close Mixed After Cautious Session

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.
RTTNews | 2 days ago
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