Utility Dive
Summary
Duke Energy announced Monday that it agreed to sell its 3.4 GW unregulated, utility scale commercial renewables business to Brookfield Renewable Partners for $2.8 billion, after the utility’s board approved a sale late last year.
“The sale agreement for the Commercial Renewables business platform includes more than 3,400 megawatts (alternating current) of utility scale solar, wind and battery storage across the U.S., net of joint venture partners ownership, in addition to operations, new project development, and current projects under construction,” the utility company said in a release.
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