Duke Energy Progress, LLC Sustainability Bonds
Duke Energy Progress, LLC
Duke Energy Progress, LLC issues green bonds and sustainability bonds to finance or refinance new and existing projects that have environmental and/ or social benefits.
Green Bonds
The green bonds issued by Duke Energy are used to fund projects that lessen our environmental impact and make our industry more sustainable. For example, the bonds help us invest in more renewable energy, and develop innovative green energy projects, like new battery storage solutions.
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Description |
CUSIP |
Settlement Date |
Maturity Date |
Net Proceeds/ Allocated |
|---|---|---|---|---|
| March 2019 Green Bond 10-yr Bond | 26442UAH7 | 03/07/2019 | 03/15/2029 | $593.6M/ $593.6M* |
| *as of 9/30/2019 | ||||
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Resources |
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Estimated Impact Summary |
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| March 2019 Green 10-yr Bond | ||||
| CUSIP | 26442UAH7 |
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| Net Proceeds | $593,628,000 | |||
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Environmental Impacts* |
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| CO2(MT) Reduced from Atmosphere | 2,800,000 | |||
| Homes Powered Per Year | 320,000 | |||
| *Bond fully allocated in 2019 | ||||
|
Description |
CUSIP |
Settlement Date |
Maturity Date |
Net Proceeds/ Allocated |
|---|---|---|---|---|
| March 2024 Green Bond 10-yr Bond | 26442UAS3 | 03/14/2024 | 03/15/2034 | $496.1M/ $496.1M* |
| *as of 12/31/2023 | ||||
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Resources |
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Estimated Impact Summary |
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| March 2024 Green 10-yr Bond | ||||
| CUSIP | 26442UAS3 |
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| Net Proceeds | $496,125,000 | |||
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Environmental Impacts* |
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| CO2(MT) Reduced from Atmosphere | 4,471,914 | |||
| Homes Powered Per Year | 583,181 | |||
| *Bond fully allocated in 2024 | ||||
Financing & Environmental, Social & Governance Resources
Duke Energy's Sustainable Financing FrameworkSustainable Financing Option Second Party Option
Environmental, Social, & Governance
Projects Financed by 2019 Green Bonds
Sustainability Bonds
Sustainability bonds issued by Duke Energy are used to fund projects that make our industry more sustainable. For example, the bonds help us invest in grid enhancements and expanding renewable energy integration.| Description | CUSIP | Settlement Date | Maturity Date | Net Proceeds/ Allocated |
|---|---|---|---|---|
| March 2022 Sustainability 10-yr Bond | 26442UAN4 | 03/17/2022 | 04/1/2032 | $496.4M/ $496.4M* |
| March 2022 Sustainability 30-yr Bond | 26442UAP9 | 03/17/2022 | 04/1/2052 | $393.5M/ $393.5M* |
| *As of 12/31/2023. Resources Prospectus Supplement Management's Assertion and Accountants Report |
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Estimated Impact Summary |
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| March 2022 Sustainability Bond 10-yr / 30-yr | ||||
| CUSIP | 26442UAN4 / 26442UAP9 | |||
| Net Proceeds | $889,971,000 | |||
| Environmental Impacts | ||||
| Expected CO2 (MT) Reduced | 84,356 metric tons | |||
| Expected Storage (MW) | 205 MW | |||
| Avoided Customer Minutes of Interruption (includes Major Event Days and Non-Major Event Days) |
2020: 22,906,028 2021: 15,484,468 2022: 88,873,672 *2023: 75,505,037 *as of 11/30/2023 |
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