Southeast Georgia power grid projects helping fuel data center development
Southeast Georgia is rapidly expanding its power grid to support a booming data center industry, including a massive OpenAI data center in Effingham County. This expansion involves significant upgrades to natural gas plants, such as the McIntosh Combined Cycle Facility, and the addition of new transmission lines, raising environmental and financial concerns among residents and environmental groups. Experts also question the adequacy of current regulations and the long-term viability of relying on these energy-intensive projects without robust regulatory frameworks.
WEC Energy Group stock holds near $109 as nuclear deal and institutional buying shape the outlook
WEC Energy Group stock is trading near $109, supported by a new 20-year nuclear power agreement and significant institutional buying. The company maintains a steady dividend profile with a quarterly payout of $0.9525 per share, offering a mid-3% yield. Analysts see modest upside, with an AI-derived price target of $112.67, positioning WEC as a conservative holding focused on income and incremental capital appreciation.
TVA hikes electric rates on Memphis data centers
The Tennessee Valley Authority (TVA) has announced steeper electric bills for data centers, including SpaceXAI’s Memphis operations, and increased costs for accessing the broader electric grid. TVA CEO Mike Skaggs stated that these rate hikes are intended to protect other ratepayers and position TVA ahead of other utilities in managing data center power demands. This change will affect data centers across the Tennessee Valley.
TVA will consider a new electricity rate for data centers this week
The Tennessee Valley Authority (TVA) is set to discuss a new electricity rate for large industrial customers, including data centers, at its quarterly board meeting. Data centers consumed 10% of TVA's electric load last year, raising concerns about potential impacts on residents' bills and the utility's energy strategy, which heavily relies on fossil fuels instead of renewable sources. Environmental groups are calling for a moratorium on new large data centers, citing concerns about pollution and costs passed on to consumers.
Elanco Animal Health (NYSE:ELAN): Is More Momentum Ahead?
Elanco Animal Health (NYSE:ELAN) has shown improved operating results and raised its full-year revenue outlook, strengthening its recovery narrative. The company's future valuation hinges on sustained commercial execution, successful product launches, margin improvement, and financial discipline through portfolio changes. While recent momentum is positive, long-term uncertainties remain, requiring consistent execution to support growth and valuation expectations.
DXC Technology Company (NYSE:DXC) Advances an AI Turnaround Push
DXC Technology (NYSE:DXC) is advancing an AI-driven turnaround strategy through new partnerships in security, voice technology, and advanced AI models. The company aims to embed AI throughout its services to reposition itself for higher-value work, moving away from commoditized offerings. This strategic shift involves significant investment in training its engineers and is backed by a financial framework focused on organic growth, stronger margins, and healthy cash generation.
Atmos Energy stock holds near $170 as institutional buying and steady outlook support the shares
Atmos Energy (ATO) stock is trading around $170, supported by recent institutional buying and a stable outlook for the regulated gas utility. Analysts have a consensus target price of $188.27, suggesting a moderate upside of over 10%. The company's defensive profile, driven by regulated rate structures rather than commodity price swings, makes it an attractive choice for investors seeking stability and income.
TVA will consider a new electricity rate for data centers this week
The Tennessee Valley Authority (TVA) plans to discuss a new electricity rate for large industrial customers, including data centers, at its upcoming board meeting. Data centers currently account for 10% of TVA's electric load, and their growth has led TVA to invest in fossil fuel plants and nuclear power, while scaling back on solar. Environmental groups and experts are calling for greater transparency and policies to protect ratepayers from the infrastructure costs associated with data center expansion.
4 Reasons the Southeast Should Pause the Data Center Gold Rush
The Southern Alliance for Clean Energy (SACE) is calling for an 18-month moratorium on new large data centers in Tennessee, North Carolina, South Carolina, Georgia, and Florida. This pause is intended to allow the region to establish transparent rules and safeguards concerning the environmental, economic, and societal impacts of these facilities. SACE highlights concerns about increased power bills, fossil fuel infrastructure, water consumption, noise pollution, and the broader existential risks of rapidly developing AI technology without proper oversight.
Duke Energy offers South Carolina groups grants up to $10,000
The Duke Energy Foundation has launched a $175,000 Main Street Revitalization grant program to support communities in South Carolina. The program offers grants of up to $10,000 to government entities and qualified nonprofits for projects aimed at enhancing downtown districts, neighborhood centers, and commercial corridors, with a focus on quality of life and long-term economic growth. Applications are open until August 31 for initiatives like facade improvements, streetscape upgrades, and small-business incentive programs.
Duke Energy Foundation launches $175,000 Main Street Revitalization grant program to support South Carolina communities
The Duke Energy Foundation has launched a $175,000 Main Street Revitalization grant program to support South Carolina communities. This initiative aims to enhance downtown districts, neighborhood centers, and commercial corridors through grants of up to $10,000 for eligible projects such as facade improvements, streetscape enhancements, and public gathering spaces. The program seeks to create vibrant communities and foster economic growth, particularly in rural areas.
Q2 2026 Duke Energy Corp Earnings Call Transcript
Duke Energy Corp (DUK) reported strong Q2 2026 adjusted EPS of $1.43, reaffirming its 2026 EPS guidance and long-term growth targets. The company highlighted a comprehensive settlement in its North Carolina rate case, significant electric service agreements with data centers, and a large regulated capital plan. While facing increased expenses and regulatory pressures, Duke Energy is committed to shareholder returns through dividends and aims to meet its FFO-to-debt target.
Xos soars on back of Air Force energy storage tech contract
Xos Inc (NASDAQ: XOS) shares surged after securing a prototype contract with the United States Air Force to adapt its mobile battery energy storage system into a rugged, deployable charging unit. This deal marks the company's entry into the defense sector, expanding on its existing commercial applications for Xos Hub systems. Despite the strategic potential, the company faces ongoing financial challenges, including tight cash runway and lagging core vehicle volumes.
Duke Energy Corporation Corporate Units Financial Statements – NYSE:DUKU
This page provides financial information and fundamental data for Duke Energy Corporation Corporate Units (NYSE: DUKU). It outlines the company's segments, including Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I), and notes its founding date and headquarters. The article also mentions that DUKU has no dividend history or current plans to pay dividends, and highlights the absence of market capitalization, revenue, or net income data on the platform for this specific listing.
Segra Capital Management, LLC's Duke Energy Corp(DUK) Holding History
This article details Segra Capital Management, LLC's historical holdings in Duke Energy Corp (DUK). It provides data such as the number of shares held, current holdings value, and the percentage of their portfolio DUK represents. The page also includes links to related news articles about Duke Energy.
Duke Energy thanks Greater Cincinnati customers for their patience and support as storm workers restored power after rare derecho
Duke Energy has expressed gratitude to its Greater Cincinnati customers for their patience and support while over 2,000 workers restored power after a rare derecho and subsequent storms. Despite extensive damage and challenging weather, crews restored 85% of customer outages within 48 hours, impacting over 340,000 customers. The company highlighted that self-healing grid technology automatically restored approximately 23,000 outages, significantly reducing total outage time.
Duke Energy : thanks Greater Cincinnati customers for their patience and support as storm workers restored power after rare derecho
Duke Energy thanks its Greater Cincinnati customers for their patience and support after a rare derecho and subsequent storms caused widespread power outages last week. Over 2,000 workers restored power to more than 340,000 customers, with 85% of outages fixed within 48 hours. The company also highlighted the role of its self-healing grid technology, which automatically restored power to approximately 23,000 customers, saving over 225,000 hours of outage time.
Duke Energy stock hits 52-week low at 22.26 USD
Duke Energy Corporation's stock has dropped to a 52-week low of $22.26, reflecting a 1-year price decline of 3.51%. Despite a market capitalization of $96.62 billion and a low beta of 0.37, the utility giant is facing challenges within the energy sector and specific operational pressures. Investors are closely monitoring the company's efforts for recovery and future growth.
Utility Business Notes: Duke Executives Quantify Data Center Capex Upside
Duke Energy executives anticipate an additional $5 billion to $10 billion in capital expenditures through 2030, driven by a robust pipeline of data center projects totaling 15.4 gigawatts. Sempra's CEO Jeff Martin also sees improved outlooks for Oncor in Texas despite tighter scrutiny on data centers, citing a massive 298 gigawatts in its overall project queue. Meanwhile, Algonquin Power & Utilities Corp. plans to move its headquarters from Canada to Chicago to better align with its primarily U.S. operations and improve financial efficiency.
A 1,400 MW gas plant is approved—what comes next for Duke Energy?
Duke Energy has submitted its 2026 Carolinas Resource Plan to the Public Service Commission of South Carolina, detailing strategies to meet the state's growing energy demand. The plan includes a new 1,400 MW natural gas facility in Anderson County, 400 MW of standalone storage, continued solar expansion, and aims to deliver over $5 billion in customer cost savings. Regulatory approval for the overall plan is expected by June 2027.
Duke Energy's resource plan builds on work already underway that supports South Carolina's growth while delivering value to customers
Duke Energy has submitted its 2026 Carolinas Resource Plan to the Public Service Commission of South Carolina, outlining a strategy to meet the state's growing energy demands. The plan focuses on maximizing existing assets and investing in diverse resources like natural gas, battery storage, solar, and nuclear options, while emphasizing energy efficiency. These efforts aim to support South Carolina's economic growth, maintain reliability, and deliver value to customers through cost management and modernization.
Duke Energy's resource plan builds on work already underway that supports South Carolina's growth while delivering value to customers
Duke Energy has submitted its 2026 Carolinas Resource Plan to the Public Service Commission of South Carolina, outlining a strategy to meet the state's growing energy needs. The plan focuses on balancing reliability, diverse resources like natural gas, solar, and nuclear, and cost-effectiveness for customers. It also emphasizes maximizing existing assets, making prudent investments, and adapting to evolving conditions while supporting economic growth in South Carolina.
Michigan regulator seeks utility rate changes
Michigan's utility regulator, the Michigan Public Service Commission (MPSC), is proposing significant changes to how DTE Energy and Consumers Energy set rates, aiming to reduce customer costs and improve reliability. The MPSC wants to end annual rate cases in favor of multiyear plans tied to performance, and address financial incentives that favor new infrastructure over cheaper alternatives. These recommendations come amidst growing concerns over energy affordability and power outages.
Why Is Consolidated Edison (NYSE:ED) an S&P 500 Utility to Watch?
Consolidated Edison (NYSE:ED) operates regulated electric, gas, and steam utilities primarily across New York and parts of New Jersey, serving a densely populated metropolitan area. The company, an S&P 500 constituent, focuses on essential energy services, infrastructure maintenance, and upgrades. Its recent financial results showed higher revenue and earnings, with ongoing capital spending to modernize its networks and prepare for elevated demand and severe weather.
Duke Energy Corporation $DUK Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS
Commonwealth of Pennsylvania Public School Employees’ Retirement System reduced its stake in Duke Energy (DUK) by 10.2% in Q2, selling over 140,000 shares but retaining 1.24 million shares valued at $157 million. Despite this, other institutional investors increased their holdings, and the company reported strong quarterly EPS, beating estimates, and raised its quarterly dividend. Analysts maintain a "Moderate Buy" rating, though Duke Energy faces challenges from regulatory opposition to rate increases and potential shareholder dilution from an equity sale.
Merit Financial Group LLC Boosts Stake in Duke Energy Corporation $DUK
Merit Financial Group LLC has increased its stake in Duke Energy Corporation by 15.7% in the second quarter, now holding 70,388 shares valued at approximately $8.91 million. Institutional investors and hedge funds collectively own 65.31% of the company, which has an average analyst rating of "Moderate Buy" and an average target price of $138.44. Duke Energy recently beat quarterly earnings expectations, reporting $1.43 EPS against a $1.30 consensus, and raised its quarterly dividend, but faces potential challenges from equity dilution and regulatory opposition to a rate increase.
Fort Washington Investment Advisors Inc. OH Purchases 50,174 Shares of Duke Energy Corporation $DUK
Fort Washington Investment Advisors Inc. OH increased its stake in Duke Energy Corporation by 10.2% in the second quarter, now owning 540,109 shares valued at $68.37 million. Several other institutional investors also adjusted their positions in DUK. The company recently reported strong quarterly earnings, exceeding analyst estimates, and increased its quarterly dividend.
Empowered Funds LLC Buys 8,583 Shares of Duke Energy Corporation $DUK
Empowered Funds LLC increased its stake in Duke Energy Corporation (NYSE:DUK) by 20% in the first quarter, acquiring an additional 8,583 shares and bringing its total holdings to 51,520 shares valued at approximately $6.75 million. Duke Energy reported strong quarterly earnings of $1.43 EPS, beating estimates, and a 1.1% increase in revenue year-over-year. The company recently raised its quarterly dividend to $1.085 per share, offering a 3.5% yield, despite potential headwinds from a recent equity sale and regulatory opposition to a proposed rate increase in North Carolina.
Duke Energy (DUK) Completes $1.75 Billion Composite Units Offering
Duke Energy (DUK) has completed a $1.75 billion Composite Units Offering, which involved 35,000,000 units priced at $50 each. This capital raise, supported by an expanded syndicate of underwriters, aims to fund grid modernization, new generation, and address data center-related load growth. The offering highlights the company's significant capital needs and its use of capital markets to maintain financial flexibility for energy transition projects.
Duke Energy (DUK) Completes $1.75 Billion Composite Units Offering
Duke Energy (DUK) has successfully completed a US$1.75 billion Composite Units Offering, which involved 35 million units priced at US$50 each, and included several new co-lead underwriters. This capital raising initiative aims to provide financial flexibility for the company's energy transition projects, grid modernization, new generation, and data center-related load growth. Investors should monitor Duke Energy's upcoming earnings updates and capital plan disclosures to understand the allocation of these funds and their impact on the company's financial metrics.
Duke Energy Corporation $DUK Shares Sold by Patriot Financial Group Insurance Agency LLC
Patriot Financial Group Insurance Agency LLC significantly reduced its stake in Duke Energy Corporation, selling 9,256 shares and retaining 10,020 shares valued at approximately $1.27 million. Despite this, Duke Energy reported strong quarterly EPS of $1.43, surpassing analyst expectations, and maintains a "Moderate Buy" consensus rating with an average price target of $138.44. The company also increased its quarterly dividend to $1.085 per share, offering an annual yield of about 3.5%.
Florida city drops public power plan, signs 30-year Duke Energy deal despite projected savings
Clearwater, Florida, decided to renew its contract with Duke Energy for another 30 years, foregoing a city-owned utility despite a study indicating potential cost savings for residents. The City Council unanimously approved the deal, which includes $2 million in commitments from Duke Energy for storm hardening and beautification, prioritizing stability over the potential benefits of a municipal power system. This decision maintains the status quo with a monopoly utility, despite some local frustration over rising power bills and tree cutting.
Cohen Klingenstein LLC Acquires Shares of 16,200 Duke Energy Corporation $DUK
Cohen Klingenstein LLC has acquired a new position in Duke Energy Corporation (NYSE:DUK), purchasing 16,200 shares valued at approximately $2.05 million. Other institutional investors also adjusted their holdings in Duke Energy, with significant increases from firms like Sarasin & Partners LLP and Mirae Asset Global Investments Co. Ltd. Duke Energy recently announced an increased quarterly dividend of $1.085 per share and reported Q2 EPS of $1.43, beating consensus estimates.
Crossmark Global Holdings Inc. Increases Position in Duke Energy Corporation $DUK
Crossmark Global Holdings Inc. has increased its stake in Duke Energy Corporation by 20.4%, bringing its total holdings to 56,438 shares valued at $7.14 million. This move comes as Duke Energy reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend. Despite positive factors like potential benefits from AI-driven electricity demand, the company faces challenges including potential stock dilution from an equity offering and regulatory opposition to a proposed rate increase in North Carolina.
Utility ETFs to Buy as Rapid AI Buildout Sparks Energy Crisis
The artificial intelligence (AI) revolution is driving an unprecedented surge in electricity demand, particularly from data centers, leading to significant growth opportunities for utility companies. This article suggests utility-focused exchange-traded funds (ETFs) as a compelling investment strategy for those looking to capitalize on the AI boom's energy demands without the volatility of direct tech stocks. It highlights several utilities like NextEra Energy (NEE), Duke Energy (DUK), and American Electric Power (AEP) that are aggressively expanding and collaborating with tech giants to meet this demand, and recommends specific ETFs such as State Street Utilities Select Sector SPDR ETF (XLU), Vanguard Utilities Index Fund ETF Shares (VPU), and iShares U.S. Utilities ETF (IDU).
Bernhard Completes Acquisition of New Mexico Gas from Emera
Bernhard Capital Partners (BCP) has finalized its acquisition of New Mexico Gas Co (NMGC) from Emera Inc for approximately $1.25 billion. NMGC will retain its existing name, management team, and headquarters in Albuquerque, continuing to serve over 1.3 million customers. The New Mexico Public Regulation Commission approved the transaction after addressing concerns regarding BCP's experience and financial depth, with Emera planning to use the net proceeds to support investments and repay debt.
US utility Southern Co reports 55% higher data center power usage compared to last year
Southern Company, a US utility, has reported a 55% increase in data center power usage compared to last year, with its contracted large-load pipeline surging by 6GW to 17GW. This growth is primarily driven by data centers and other large industrial customers, including a significant 3.2GW contract with OpenAI. Despite a recent moratorium on new data center construction in New York, the company's CEO emphasized the need to better communicate the benefits of data centers to counter misinformation.
Wealth Enhancement Advisory Services LLC Acquires 67,885 Shares of Duke Energy Corporation $DUK
Wealth Enhancement Advisory Services LLC has increased its stake in Duke Energy Corporation by 11.4%, purchasing an additional 67,885 shares, bringing its total to 665,748 shares valued at $84.3 million. This comes as Duke Energy reports strong quarterly EPS of $1.43, exceeding estimates, and raises its quarterly dividend to $1.085 per share. Analysts maintain a "Moderate Buy" rating, though regulatory uncertainties in North Carolina regarding rate increases and storm restoration costs are being monitored.
QRG Capital Management Inc. Has $22.81 Million Stock Position in Duke Energy Corporation $DUK
QRG Capital Management Inc. increased its stake in Duke Energy Corporation (NYSE:DUK) by 7.9% in the second quarter, bringing its total holdings to 180,200 shares valued at $22.81 million. The article highlights Duke Energy's solid financial performance, including beating EPS estimates and raising its quarterly dividend, alongside a "Moderate Buy" consensus rating from analysts. Recent news summaries also touch on the company's handling of storm outages, a proposed rate increase, and equity unit financing.
Brookstone Capital Management Sells 76,390 Shares of Duke Energy Corporation $DUK
Brookstone Capital Management significantly reduced its stake in Duke Energy Corporation (NYSE:DUK) by 66.3% in the second quarter, selling 76,390 shares and retaining 38,750 shares valued at $4.9 million. This transaction occurred as other hedge funds adjusted their positions in the utilities provider. Duke Energy recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend, contributing to a "Moderate Buy" consensus rating from analysts.
Nomura Downgrades Korea Electric Power to Neutral From Buy, Adjusts Price Target to KRW40,000 From KRW61,000
Nomura has downgraded Korea Electric Power to "Neutral" from "Buy" and significantly reduced its price target from KRW61,000 to KRW40,000. This adjustment reflects a more cautious outlook on the company's prospects. The article also briefly mentions recent news about Korea Electric Power, including earnings reports and contract selections.
Experience real-time quotes, in-depth charts, and analyst ratings
Webull provides comprehensive information for Duke Energy Corp New (OTCPK: DUUKU), including real-time market quotes, financial reports, analyst ratings, and various online research tools. The platform offers commission-free trading for stocks, ETFs, and options, with access via web or mobile apps. Webull also features paper trading to allow users to practice strategies without real financial risk.
Duke Energy power plant meeting
Duke Energy is proposing to build two natural gas power plants in Davie County, alongside liquefied natural gas storage in Davidson County. The article mentions a meeting about this proposal.
Duke Energy Restores Major Outages in Cincinnati
Duke Energy has rapidly restored nearly 223,000 outages in Ohio and Kentucky following severe storms, impacting approximately 765,000 customers. While significant progress has been made, 38,861 customers remain without power. The company continues to implement its energy modernization strategy to enhance grid reliability and meet growing demands across its 3,000-square-mile service area.
Duke Energy restores 85% of Cincinnati storm outages
Duke Energy has restored power to 85% of customers affected by severe storms in Greater Cincinnati, bringing services back to approximately 223,000 customers. As of Thursday afternoon, about 32,485 customers in Ohio and 6,376 in Kentucky were still without power, with the company expecting to restore nearly all remaining outages by Thursday. Duke Energy deployed over 2,000 workers and committed $100,000 in grants for recovery efforts, serving 8.7 million customers across six states from its Charlotte, North Carolina headquarters.
More Than 2,000 Workers Tackle Cincinnati Power Outages
Duke Energy has restored power to approximately 85% of its Greater Cincinnati customers, totaling nearly 223,000 outages, following severe storms earlier in the week. Over 2,000 lineworkers, tree trimmers, and storm workers, including personnel from other states, are actively working to restore the remaining 38,861 outages, with full restoration expected by Thursday for most customers who can safely receive service. The Duke Energy Foundation has also provided $100,000 in grants for community support.
Duke Energy sells 40M equity units including RSNs, 7.75% annual distributions
Duke Energy has completed a public offering of 40,000,000 equity units, each with a $50 stated amount, that combine a stock purchase contract and interests in 2032 and 2036 RSNs. These units offer total annual distributions of 7.75%, comprising 2.90% from contract adjustment payments and 4.85% interest on the RSNs. Holders are required to purchase common stock on August 1, 2029, as part of the contract.
Hunton Advises Duke Energy Corporation on $2B Equity Units Offering
Hunton Andrews Kurth LLP advised Duke Energy Corporation on its SEC-registered offering of $2 billion in equity units. These units consist of a contract to purchase Duke Energy common stock and beneficial ownership interests in two series of remarketable senior notes due in 2032 and 2036. Duke Energy is a diversified energy company with significant electric and gas utility operations across the Southeast and Midwest United States.
Duke Energy Corp. (Holding Co.) Financial Statements – OTC:DUUKU
This article provides financial statements and key facts for Duke Energy Corp. (Holding Co.) under the ticker DUUKU on OTC Markets. It details the company's operational segments, including Electric Utilities and Infrastructure and Gas Utilities and Infrastructure, and notes that the company has never paid dividends. The report also highlights the absence of market capitalization, revenue, or net income data.
RIFR Dividend: 0.87% Yield, $0.25/Share — History & Dates
This article details the dividend information for the Russell Investments Global Infrastructure ETF (RIFR), which currently offers a 0.87% dividend yield, paying $0.25 per share annually. RIFR has been paying dividends since 2025, with a 5-year dividend growth rate of 6.88%. The article provides historical dividend data, ex-dividend dates, and discusses the payout ratio.
