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Duke Energy and GIC close first phase of minority investment in Duke Energy Indiana

Duke Energy and GIC close first phase of minority investment in Duke Energy Indiana

Published on September 8, 2021
Duke Energy today announced it has completed the first of a two-phase sale transaction with GIC, receiving cash proceeds of $1.025 billion in exchange for an 11.05% minority interest sale of Duke Energy Indiana, a subsidiary of Duke Energy, to an affiliate of GIC Private Limited, Singapore’s sovereign wealth fund and an experienced investor in U.S. infrastructure.
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