News Releases

Duke Energy designates Yoho to lead Natural Gas Operations upon completion of the Piedmont acquisition

Published on December 18, 2015

Duke Energy today designated Frank Yoho to lead its natural gas operations when the company's acquisition of Piedmont Natural Gas closes, expected by the end of 2016 after the necessary regulatory and shareholder approvals are received.

Duke Energy to acquire Piedmont Natural Gas for $4.9 billion in cash

Published on October 26, 2015

CHARLOTTE, N.C. - Duke Energy and Piedmont Natural Gas today announced the boards of directors of both companies have unanimously approved a definitive agreement for Duke Energy to acquire Piedmont for approximately $4.9 billion in cash. "We look forward to welcoming Piedmont's employees and one million customers in the Carolinas and Tennessee to Duke Energy," said Lynn Good, president and CEO of Duke Energy.