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

RTTNews | 840 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 | 811 days ago
Duke Energy Slashes FY22 Outlook As Q3 Adj. EPS Miss Estimates

Duke Energy Slashes FY22 Outlook As Q3 Adj. EPS Miss Estimates

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 | 908 days ago
Duke Energy Progress Says Customers Will See Bills Increase If NCUC Approves

Duke Energy Progress Says Customers Will See Bills Increase If NCUC Approves

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 | 1049 days ago
Australian Market Turns To Modest Gains In Mid-market

Australian Market Turns To Modest Gains In Mid-market

The Australian market is turning its early losses to modest gains in mid-market moves on Thursday, extending the gains in the previous five sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well above the 8,100 level, with gains in some technology stocks nearly offset by weakness in mining and energy stocks amid softer commodity prices.
RTTNews | 49 minutes ago
Asian Markets Mostly Higher In Holiday Trade

Asian Markets Mostly Higher In Holiday Trade

Asian stock markets are mostly higher on Thursday, following the mixed cues from Wall Street overnight, with most major markets in the region closed for Labor Day, including China. Traders booked some profits after the recent upside in markets and a report showing the U.S. economy unexpectedly shrank in the first three months of 2025 generated some optimism about the outlook for interest rates.
RTTNews | 1h 17min ago
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