Construction of the projects, which have total capacity of 291 megawatts, was financed on Duke Energy’s balance sheet, company spokesman Greg Efthimiou tells Recharge. The company gets additional flexibility through this financing.
“It gives us an added stream of cash which we can use toward construction of additional projects,” he says.
Duke Energy, a multifaceted energy giant based in North Carolina, will have nearly a gigawatt of wind generation operating by the end of the year.
“We’ll