Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts

Feb 8, 2024 · By Laila Kearney. NEW YORK (Reuters) -Power and natural gas firm Duke Energy on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase …

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Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts

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Feb 8, 2024 · By Laila Kearney. NEW YORK (Reuters) -Power and natural gas firm Duke Energy on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase …

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Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts

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Feb 8, 2024 · By Laila KearneyNEW YORK (Reuters) -Power and natural gas firm Duke Energy on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase …

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Duke Energy Corporation - Duke Energy Advances Energy …

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May 9, 2024 · This strategic move allows us to focus on the significant investment opportunities within our regulated businesses." "We added 195,000 new customers in 2023 alone – the largest customer increase in company history. And we are projecting average overall load growth of 1.5% to 2% per year through 2028."

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Duke Energy Misses Q4 Profit Estimates On Higher Interest

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Feb 8, 2024 · Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to …

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Duke Energy Misses Q4 Profit Estimates On Higher

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Feb 8, 2024 · (Reuters) - Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its …

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Duke Energy Ups Five-year Capital Plan To $65 Bln, Focus On

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NEW YORK, Feb 9 (Reuters) - Duke Energy DUK.N has boosted its five-year capital plan to $65 billion, with about 80% of its spending aimed at low-carbon energy, company executives said …

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Duke Energy Advances Energy Transition And Positions Company …

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May 9, 2024 · This strategic move allows us to focus on the significant investment opportunities within our regulated businesses.” “We added 195,000 new customers in 2023 alone – the largest customer increase in company history. And we are projecting average overall load growth of 1.5% to 2% per year through 2028.”

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Duke Energy To Funnel Bulk Of $63B Capital Plan To Energy …

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Feb 11, 2022 · The CEO said the "solid runway of investment" will drive 5% to 7% adjusted earnings growth through 2026 and help meet its carbon reduction targets. ... Duke Energy's …

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Duke Energy: Strong Long-Term Potential Despite Macro Headwinds

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Feb 11, 2024 · In 2023, the company reported a solid financial performance, with a full-year adjusted earnings per share result of $5.56, reflecting a 6% growth compared to the previous …

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FAQs about Duke Energy Ups Capex Plan, Raises Customer Growth Forecasts Coupon?

Why did Duke Energy raise its CAPEX?

REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) - Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to renewable energy. ...

How much will Duke Energy Invest in 2024?

NEW YORK, Feb 8 (Reuters) - Power and natural gas firm Duke Energy (DUK.N) on Thursday raised its five-year capital expenditure plan to $73 billion, an $8 billion increase over its previous guidance, and projected a jump in demand growth in 2024. ...

Does Duke Energy have a low-carbon Capital Plan?

Our Standards: The Thomson Reuters Trust Principles. Duke Energy has boosted its five-year capital plan to $65 billion, with about 80% aimed at low-carbon energy, company executives said on a call on Thursday. ...

Why did Duke raise its capital expenditure?

Charlotte, North Carolina-based Duke raised its five-year capital expenditure to $73 billion from its earlier plan of $65 billion. "Five-year capital plan that will support our energy transition and the unprecedented growth of our jurisdictions. ...

What is Duke Energy's Capital expenditure & investment plan?

To support its growth strategy and meet evolving customer needs, Duke Energy has outlined major capital expenditure (CapEx) and investment plans. The company projects a total CapEx of $73 billion over the next five years, signaling a substantial commitment to infrastructure development and expansion. ...

Did Duke increase its spending plan through 2027?

Charlotte, North Carolina-based Duke increased its spending proposal through 2027 by $2 billion from its prior five-year plan, the company said while reporting its most recent financial earnings to investors. ...