| Duke Energy to convert North Carolina plant to nat gas for $1.1 bln | |
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May 19 (Reuters) - Duke Energy Corp, the largest U.S. power company by generation capacity, said it would invest $1.1 billion to convert a coal-powered power plant in North Carolina into a natural gas plant over four to five years. Duke will retire the 376 megawatt (MW) coal plant in Asheville and spend about $750 million to build a 650 MW natural gas-fired power plant, the company said on Tuesday. Duke said it would also invest about $320 million to build a transmission substation near Campobello, South Carolina and connect it to the power plant. (Reporting by Shubhankar Chakravorty in Bengaluru; Editing by Kirti Pandey)
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Duke Energy
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CODE : DUK |
ISIN : US26441C2044 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Duke Energy is a and oil producing company based in United states of america. Duke Energy is listed in United States of America. Its market capitalisation is US$ 69.3 billions as of today (€ 64.7 billions). Its stock quote reached its lowest recent point on May 02, 2003 at US$ 10.00, and its highest recent level on February 17, 2023 at US$ 99.99. Duke Energy has 700 299 523 shares outstanding. |