Duke Energy Sells Commercial Distributed Generation Business To Arclight For $364M
Portfolio Pulse from Benzinga Newsdesk
Duke Energy has sold its commercial distributed generation business to Arclight for $364 million.
July 05, 2023 | 11:39 am
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Duke Energy has sold its commercial distributed generation business to Arclight, which could potentially free up resources for the company.
The sale of Duke Energy's commercial distributed generation business to Arclight for $364 million could potentially free up resources for the company. However, it's unclear at this stage how this will impact the company's overall financial performance and stock price in the short term.
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