Duke Energy to divest commercial renewables business to Brookfield Renewable in $2.8bn deal
American electric utility Duke Energy has signed a deal worth approximately $2.8 billion to offload its unregulated Commercial Renewables business to Brookfield Renewable. The consideration includes non-controlling tax equity interests and the assumption of debt. The sale, which will net Duke Energy around $1.1 billion after adjustments, forms part of a strategic initiative to bolster […]