Duke Energy Rakes in $6B with Duke Energy Florida Equity Sale

Duke Energy Rakes in $6B with Duke Energy Florida Equity Sale

'We're pleased to have Brookfield, a highly regarded infrastructure investor, as a long-term partner in Duke Energy Florida', Harry Sideris, Duke Energy President and Chief Executive Officer, said.

Brookfield invests $6bn in nearly 20% interest in Duke Energy Florida

Duke Energy Florida braces for Hurricane Idalia (Courtesy: Duke Energy) Duke Energy announced it has entered into a definitive agreement for Brookfield, through its Super-Core Infrastructure strategy, to hold a 19.7% indirect equity interest in Duke Energy Florida for an aggregate amount of $6 billion. Brookfield is an infrastructure investor, with over $200 billion in assets under management across the utilities, transport, midstream, and data …

Brookfield to acquire $6bn stake in Duke Energy’s Florida utility

Brookfield Asset Management has agreed to acquire a 19.7% non-controlling stake in Duke Energy’s Florida utility business in a $6bn all-cash deal, as demand for power infrastructure continues to rise across the state, according to a report by Bloomberg. The investment, made through Brookfield’s Super-Core Infrastructure strategy, will be deployed through 2028. Duke said the transaction will support an increase in its five-year Florida capex plan…