Duke Energy Sees Profits Surge in 2013, Expects More than $6 Billion Capex in 2014

SUGAR LAND--February 19, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Duke Energy Company (NYSE:DUK) (Charlotte, North Carolina), a leading U.S. electric power holding company, reported solid gains in profits and revenues in fourth-quarter and full-year 2014, based on stronger pricing and favorable weather in its regulated utilities, as well as favorable pricing and volumes in Brazil. The company is now planning to exit its Midwest merchant generation business. Industrial Info is tracking more than $6.5 billion in active projects involving Duke.