Duke Energy awards $30,000 to River Ridge Commerce Center for megasite development work

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PLAINFIELD, IND. - Duke Energy has awarded $30,000 to the River Ridge Commerce Center to help obtain megasite certification for a 1,500-acre parcel of land within the Jeffersonville, Ind., industrial park.

In general, megasites are parcels of land of at least 1,000 acres suitable for building a large manufacturing or industrial operation. To become certified, the parcel must have the necessary permits, approvals and infrastructure in place to allow a prospective business to begin construction relatively quickly.

McCallum Sweeney Consulting, a nationally known site consulting firm, will conduct the megasite certification process.

"“This award fully supports the goals and objectives of Duke Energy'’s Site Readiness Program, which is designed to promote economic development within our service area,”" said Pat More, Duke Energy manager for the Jeffersonville area. "“We are pleased to help the River Ridge Commerce Center take this next step to achieve such an important certification.”"

"“We are grateful for the long-term partnership with Duke Energy that has made this support possible,"” said Jerry Acy, executive director of River Ridge Commerce Center. “"This megasite has the potential to attract large-scale manufacturing, which in turn brings high-skill, high-paying jobs.”"

For more information about Duke Energy Indiana’'s economic development programs, visit www.locationindiana.com.

Duke Energy Indiana’'s operations provide approximately 7,500 megawatts of owned electric capacity to approximately 790,000 customers, making it the state'’s largest electric supplier.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at: www.duke-energy.com.