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DUKE ENERGY CORPORATION

(DUK)
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Duke Energy Florida Announces Locations of Four New Solar Sites

07/21/2021 | 01:34pm EDT

By Stephen Nakrosis

Duke Energy Florida on Wednesday announced the locations of its four newest solar power plants.

The company said the four facilities would produce about 750MW of solar power combined.

Duke Energy Florida said the Hildreth Solar Power Plant in Suwannee County, and the Bay Ranch Solar Power Plant will be built in Bay County. The Hardeetown Solar Power Plant will be built in Levy County and the High Springs Solar Power Plant is proposed to be built in Alachua County, the company said.

Construction of the new facilities is expected to begin early next year and till take about 9 to 12 months to complete, the company said.

The four new facilities are part of a planned $1 billion investment in 10 new solar power plants in Florida, the company said.

Duke Energy Florida is a subsidiary of Duke Energy Corp.

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

07-21-21 1333ET

Stocks mentioned in the article
ChangeLast1st jan.
DUKE ENERGY CORPORATION -1.72% 99.67 Delayed Quote.8.86%
WTI -0.92% 71.894 Delayed Quote.50.62%
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Analyst Recommendations on DUKE ENERGY CORPORATION
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Financials (USD)
Sales 2021 25 620 M - -
Net income 2021 3 936 M - -
Net Debt 2021 65 591 M - -
P/E ratio 2021 19,4x
Yield 2021 3,97%
Capitalization 76 680 M 76 680 M -
EV / Sales 2021 5,55x
EV / Sales 2022 5,51x
Nbr of Employees 27 535
Free-Float 95,0%
Chart DUKE ENERGY CORPORATION
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Duke Energy Corporation Technical Analysis Chart | DUK | US26441C2044 | MarketScreener
Technical analysis trends DUKE ENERGY CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 99,67 $
Average target price 107,81 $
Spread / Average Target 8,17%
EPS Revisions
Managers and Directors
Lynn J. Good Chairman, President & Chief Executive Officer
Steven K. Young Chief Financial Officer & Executive Vice President
Bonnie Titone Chief Information Officer
Dhiaa M. Jamil Chief Operating Officer & Executive Vice President
Melissa Feldmeier Chief Ethics & Compliance Officer, Vice President
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