Stratrix
On the Record · Duke Energy

Duke Energy acquisitions, on the record

The businesses Duke Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Commercial Renewables business segment (utility-scale solar and wind group)
Word for word“Both transactions closed in October 2023.” 10-K for 2023
divestitureOctober 2023—
Commercial Renewables business segment (distributed generation group)
Word for word“Duke Energy entered into purchase and sale agreements with affiliates of Brookfield for the sale of the utility-scale solar and wind group in June 2023 and with affiliates of ArcLight for the distributed generation group in July 2023.” 10-K for 2023
divestiture——
utility-scale solar and wind group
Word for word“In June 2023, Duke Energy announced that it had entered into a purchase and sale agreement with affiliates of Brookfield for the sale of the utility-scale solar and wind grou p.” 10-K for 2023
agreed divestitureJune 2023—
distributed generation group
Word for word“Duke Energy closed on this transaction on October 4, 2023, and received proceeds of $ 243 million.” 10-K for 2023
divestitureOctober 4, 2023proceeds of $ 243 million
Commercial Renewables Disposal Groups
Word for word“During October 2023, Duke Energy completed the divestiture of the utility-scale solar and wind group and the distributed generation group.” 10-K for 2023
divestitureDuring October 2023—
sale of the Mint Street parking deck
Word for word“Gains on Sales of Other Assets and Other, net. The increase was primarily due to the sale of the Mint Street parking deck.” 10-K for 2023
divestiture——
Commercial Renewables business
Word for word“Additionally, in November 2022, Duke Energy committed to a plan to sell the Commercial Renewables business segment, excluding the offshore wind contract for Carolina Long Bay, which was moved to EU&I.” 10-K for 2024
agreed divestitureNovember 2022—
utility-scale solar and wind group (Brookfield affiliates)
Word for word“Duke Energy entered into purchase and sale agreements with affiliates of Brookfield for the sale of the utility-scale solar and wind group in June 2023 and with affiliates of ArcLight for the distributed generation group in July 2023.” 10-K for 2024
agreed divestitureJune 2023—
distributed generation group (ArcLight affiliates)
Word for word“Duke Energy entered into purchase and sale agreements with affiliates of Brookfield for the sale of the utility-scale solar and wind group in June 2023 and with affiliates of ArcLight for the distributed generation group in July 2023.” 10-K for 2024
agreed divestitureJuly 2023—
Commercial Renewables business (utility-scale solar and wind group and distributed generation group)
Word for word“Both transactions closed in October 2023 and the sale of the remaining assets was concluded in January 2025 .” 10-K for 2024
divestitureOctober 2023—
remaining Commercial Renewables assets
Word for word“The sale of the remaining assets was concluded in January 2025, and net proceeds from these dispositions were not material.” 10-K for 2024
divestitureJanuary 2025—
Commercial Renewables business segment
Word for word“In 2023, Duke Energy completed the sale of substantially all the assets in the Commercial Renewables business segment.” 10-K for 2024
divestiture2023—
remaining Commercial Renewables business assets
Word for word“In January 2025, a sale of the remaining Commercial Renewables business assets was completed and proceeds from that disposition were not material.” 10-K for 2025
divestitureIn January 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$4.78 billion$3.35 billion

Deal filings since 2016

Read from Duke Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.