BRIEF-Duke Energy To Sell Stake In Pioneer Transmission Joint Venture To John Laing-March 2024-www.financetom.com

BRIEF-Duke Energy To Sell Stake In Pioneer Transmission Joint Venture To John Laing

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BRIEF-Duke Energy To Sell Stake In Pioneer Transmission Joint Venture To John Laing

Apr 4, 2024 1:49 PM

April 4 (Reuters) - Duke Energy Corp ( DUK ):

* DUKE ENERGY TO SELL STAKE IN PIONEER TRANSMISSION JOINT

VENTURE

TO JOHN LAING

* DUKE ENERGY CORP ( DUK ) - REACHED AN AGREEMENT TO SELL ITS 50%

OWNERSHIP INTEREST IN PIONEER TRANSMISSION LLC (PIONEER) TO JOHN

LAING GROUP

* DUKE ENERGY CORP ( DUK ) - TRANSACTION IS EXPECTED TO CLOSE BY

YEAR-END

2024

* DUKE ENERGY CORP ( DUK ): WILL USE PROCEEDS FROM SALE TO INVEST IN

ITS

CLEAN ENERGY TRANSITION IN ITS STATE-REGULATED UTILITIES

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