News Releases

More than 10,000 people are working to restore power Wednesday to Duke Energy customers in the Carolinas in the aftermath of Hurricane Matthew. Extreme flooding in certain counties has hindered restoration.

Duke Energy has restored more than a million (924,000 in North Carolina and 180,000 in South Carolina) of the 1.36 million customers who lost power due to Hurricane Matthew.

Duke Energy announced today it has reached an agreement to sell its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value (cash and the assumption of debt). This represents the full remainder of the Latin American businesses Duke Energy is exiting.

More than 3,500 Duke Energy linemen, contractors and support staff worked 16-hour days throughout the weekend restoring power to Florida customers and responding to 911 assistance calls in the aftermath of Hurricane Matthew.

Duke Energy's success in making restorations is being tempered by the desire to have all customers restored as quickly and safely as possible.

Duke Energy announced today it has reached an agreement to sell its holdings in Brazil to China Three Gorges Corporation (CTG) for approximately $1.2 billion in cash and the assumption of debt. The after-tax proceeds from the transaction are expected to be used to reduce Duke Energy holding company debt.

Power has been restored to more than 600,000 Duke Energy customers in the aftermath of Hurricane Matthew over the weekend. Over 550,000 customers are without power now. In North Carolina, 410,000 customers are without power. In South Carolina: 140,000 customers.

Hurricane Matthew has left large portions of the Carolinas more heavily damaged than projected, on a scale similar to the destruction of Hurricanes Hugo and Floyd. In some Duke Energy service areas, the electrical system will need to be rebuilt.

Duke Energy crews and contractors are working 16-hour days and overnight hours to restore power to Florida customers and responding to 911 assistance calls in the aftermath of Hurricane Matthew.

Duke Energy Florida is making significant progress restoring electric service following the devastation of Hurricane Matthew, a Category 4 storm that brought heavy rain and wind to Florida.