Brookfield Infrastructure's $6 Billion Investment
Brookfield Infrastructure made a $6 billion minority investment in Duke Energy's Florida business, strengthening the company's credit profile and enabling a $4 billion capital expansion in Florida.
Sale of Tennessee LDC Business
The sale of Tennessee LDC business to Spire for $2.5 billion at a premium valuation of 1.8x rate base, supporting capital funding needs.
Adjusted Earnings Per Share Growth
Reported adjusted earnings per share increased to $1.25 from $1.18 in 2024, driven by growth across Electric Utilities.
Economic Development Success
North Carolina was named the top state for business by CNBC, and Amazon Web Services announced a $10 billion investment in a new data center campus in North Carolina.
Legislative and Regulatory Achievements
Significant legislative achievements include the Power Bill Reduction Act in North Carolina, Energy Security Act in South Carolina, and House Bill 15 in Ohio, supporting economic growth and regulatory efficiency.
FFO to Debt Target Increase
Duke Energy raised its long-term FFO to debt target to 15%, providing substantial cushion above downgrade thresholds.