Duke Energy Buys Solar Power Project in North Carolina

(Bloomberg) — Duke Energy Corp., the largest U.S. utility
owner by market value, bought a 20-megawatt solar project in
eastern North Carolina. No terms were disclosed.

Duke’s clean-energy arm acquired the facility in Shawboro
from Ecoplexus Inc., the San Luis Obispo, California-based unit
said Tuesday in a statement. It’s expected to start working by
the end of the year, producing enough clean electricity to
supply about 4,000 homes. Charlotte-based Duke has 16 solar
plants working or under construction in North Carolina.

To contact the reporter on this story:
Louise Downing in London at

To contact the editors responsible for this story:
Reed Landberg at
Randall Hackley, Dan Weeks

About BloombergNEF

BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.

Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
Sign up for our free weekly newsletter →

Want to learn how we help our clients put it all together? Contact us