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Duke Raises $109.4Mn for Solar, Storage Projects (Ind. Report)
Duke Energy Renewables, REC Solar
Date: 2020-08-21
Charlotte, North Carolina-based Duke Energy Renewables reports the closing of $109.4 million in a preferred tax equity funding from Goldman Sachs' Alternative Energy Investing Group.

The investment will be used over 18 months to fund a diverse portfolio of approximately 75 MW of solar and solar-plus-storage projects to be developed and constructed by Duke Energy Renewables' subsidiary REC Solar. Projects will feature ground-mount and rooftop commercial and industrial projects, as well as community solar projects in several states.

Duke Energy Renewables, a non-regulated unit of Duke Energy, operates U.S. wind and solar generation facilities totaling 3,000 MW as well as energy storage and microgrid projects. (Source: Duke Energy News Center, Website, 18 Aug., 2020) Contact: Duke Energy Renewables, Chris Fallon, (704) 594-6200, chris.fallon@duke-energy.com, www.duke-energy.com; REC Solar, www.recsolar.com

More Low-Carbon Energy News Duke Energy Renewables,  Solar,  Solar Storage,  REC Soilar,  

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