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
ldowning4@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Randall Hackley, Dan Weeks

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