On the Record · Piedmont Natural GAS

Piedmont Natural GAS acquisitions, on the record

The businesses Piedmont Natural GAS 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

Business	Deal	When	Value
Commercial Renewables business: utility-scale solar and wind group (sold to affiliates of Brookfield) 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	—	—
Commercial Renewables business: distributed generation group (sold to affiliates of ArcLight) Word for word“Both transactions closed in October 2023.” 10-K for 2023	divestiture	October 2023	—
Utility-scale solar and wind group (Commercial Renewables) Word for word“Duke Energy closed on this transaction on October 25, 2023, for proceeds of $ 1.1 billion, with approximately half of the proceeds received at closing and th e remainder due 18 months after closing.” 10-K for 2023	divestiture	October 25, 2023	$ 1.1 billion
Distributed generation group (Commercial Renewables) Word for word“Duke Energy closed on this transaction on October 4, 2023, and received proceeds of $ 243 million.” 10-K for 2023	divestiture	October 4, 2023	$ 243 million
Commercial Renewables business 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 divestiture	June 2023	—
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	divestiture	In 2023	—
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	divestiture	In January 2025	—

Deal filings since 2016

2026-04-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2026-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-07-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-03-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Piedmont Natural GAS’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.