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Duke Energy to Sell Commercial Renewables Business for $364M

By Ben Glickman

Duke Energy said Wednesday it would sell its commercial renewables business to ArcLight Capital Partners for $364 million.

The Charlotte, N.C.-based utilities company said it agreed to sell its commercial distributed generation business, which generates energy from decentralized sources such as solar, to the infrastructure…

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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...