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Duke's goal with its real estate consolidation is trimming its foot print from 2,500,000 square feet (230,000 m 2) to 1,000,000 square feet (93,000 m 2) by 2050. [15] Duke estimates they will save $85 to $90 million over the next five years. [16] Prior to the Duke Energy Plaza, Duke's most visible presence was the Duke Energy Center.
Footnotes / references. [1] Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company ranked as the 141st largest company in the United States in 2024 – its highest-ever placement on the Fortune 500 list.
In 2002, Duke Energy acquired Westcoast Energy, a Canadian corporation, which owned Chatham, Ontario-based Union Gas, regulated under the 1998 Ontario Energy Board Act.. On December 29, 2006 Standard & Poor's added Spectra Energy Corp. to its S&P 500 Index, replacing Parametric Technology Corp. (Nasdaq: PMTC), a software company, which then moved to the S&P MidCap 400 list instead. [5]
Lynn J. Good is chair, president and chief executive officer of Duke Energy, a Fortune 500 company. Good is an Ohio native and graduated from Miami University where she earned a BS in Systems Analysis and in Accounting (1981). [1] In 2023, she ranked 65th in Forbes list of "World's 100 most powerful women". [2]
550 South Tryon (formerly the Duke Energy Center) is a 786-foot (240 m) tall, [1] 48-floor (54 floors including mechanical floors) skyscraper in Charlotte, North Carolina. When completed in 2010, it was the largest building in Charlotte (in square footage), second tallest building in Charlotte, 63rd tallest building in the United States, and ...
In August 2008, AEP formed a joint venture company with Duke Energy to build and own new electric transmission assets. [21] It is the largest shareholder in the Ohio Valley Electric Corporation (OVEC). OVEC is an associate company of AEP, not a subsidiary, because AEP owns less than half of it.
[15] [16] [17] The transaction for the purchase of these assets from Duke Energy was completed in December 2016. [ 18 ] [ 19 ] [ 20 ] Orazul Energy Egenor S. en C. por A., a Lima, Peru-based subsidiary or Orazul Energy and a portfolio company of I Squared Capital announced on May 2, 2017 that the company had closed on a $550 million offering of ...