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Shares of Duke Energy (NYSE:DUK) surged 12.8% in March, according to data provided by S&P Global Market Intelligence. Given the defensive nature of utility stocks, it's not every day that you see a stock in the sector rise by double digits in a short span of time. For Duke, multiple announcements that fit well with President Joe Biden's climate change agenda fueled investor interest in the stock. So what Biden recently unveiled a detailed $2 trillion plan to rebuild America's crumbling infrastructure. Aside from investment in traditional infrastructure, Biden's proposal is heavily weighted t...
Duke Energy Renewables, a commercial business unit of Duke Energy, today announced the commercial operation of the largest windpower project in its fleet – the 350-megawatt Frontier Windpower II project in Kay County, Okla.
Duke Energy Renewables announced the commercial operation of its largest wind power project, the 350-megawatt Frontier Windpower II project in Kay County,
Share this article Share this article CHARLOTTE, N.C., March 16, 2021 /PRNewswire/ -- Duke Energy Renewables, a commercial business unit of Duke Energy (NYSE: DUK), today announced the commercial operation of the largest windpower project in its fleet – the 350-megawatt (MW) Frontier Windpower II project in Kay County, Okla. The project is an expansion of the 200-MW Frontier Windpower project, operational since 2016. Together, Frontier I and II are generating a total of 550 MW of wind energy – enough to power about 193,000 average-size homes. AT&T and Ball Corporation have signed 15-ye...