Duke Energy Corp.
Duke Energy Corp. is focused on electric power and gas distribution operations, and other energy services in the Americas, including a portfolio of renewable energy assets. The company operates its business through the following segments: U.S. Franchised Electric and Gas, Commercial Power and International Energy. The U.S. Franchised Electric and Gas segment generates, transmits, distributes and sells electricity in central and western North Carolina, western South Carolina, central, north central and southern Indiana, southwestern Ohio and northern Kentucky. It also transports and sells natural gas in southwestern Ohio and northern Kentucky. This segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Ohio, including Duke Energy Kentucky and Duke Energy Indiana. The Commercial Power segment owns, operates and manages power plants and engages in the wholesale marketing and procurement of electric power, fuel and emission allowances related to these plants. It also has a retail sales subsidiary, Duke Energy Retail Sales LLC, which is a retail electric supplier provider in Ohio; and through Duke Energy Generation Services, Inc., develops, constructs and operates renewable energy projects. . In addition, DEGS develops commercial transmission projects. The International Energy segment operates and manages power generation facilities and engages in the sales and marketing of electric power and natural gas outside the U.S. It conducts operations primarily through Duke Energy International LLC and its activities principally target power generation in Latin America. This segment also owns an interest in National Methanol Co., which produces methanol and methyl tertiary butyl ether. The company's business roots back to 1927. Duke Energy was founded on April 3, 2006 and is headquartered in Charlotte, NC.