By Connor Hart
Duke Energy inked a deal with GE Vernova under which it will receive up to 11 natural gas turbines and other associated equipment.
Charlotte, N.C.-based Duke Energy, an electric-utility holding company, said Thursday that the partnership would allow it meet the growing needs of advanced manufacturing, data centers and population growth.
Terms of the agreement weren't disclosed.
The deal is possible because of the ongoing expansion of energy company GE Vernova's facility in Greenville, S.C., Duke said. The expansion is set to replace legacy manufacturing processes with lean manufacturing lines, which are set to support increases in supplier capacity.
GE Vernova Chief Executive Scott Strazik said the deal illustrates the company's ability to develop solutions that customers require to meet energy demands.
"As we continue to experience unprecedented growth in our service territories, securing the necessary materials to build critical infrastructure and meet the energy demand is integral to delivering value for our customers," Duke Chief Executive Harry Sideris said.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
April 24, 2025 13:05 ET (17:05 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。