Duke Energy

Charlotte, United States Founded: 1904 • Age: 122 yrs
Renewable electricity is produced and distributed across multiple states.
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About Duke Energy

Duke Energy is a company based in Charlotte (United States) founded in 1904.. The company has 26,410 employees as of December 31, 2024. Duke Energy has completed 4 acquisitions, including Catamount Energy Corporation, Phoenix Energy Technologies and Piedmont Natural Gas. Duke Energy offers products and services including Energy Supply, Billing Services, and Outage Management. Duke Energy operates in a competitive market with competitors including NextEra Energy, Acciona Energy, Boralex, UPC Renewables and Terra-Gen, among others.

  • Headquarter Charlotte, United States
  • Employees 26410 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Duke Energy Corporation (Holding Company)
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $30.36 B
    4.46
    as on Dec 31, 2024
  • Net Profit
    $4.51 B
    4.98
    as on Dec 31, 2024
  • EBITDA
    $13.73 B
    11.13
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    26410

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Duke Energy

Duke Energy is a publicly listed company on the NYSE with ticker symbol DUK in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: DUK . Sector: Utilities · USA

Products & Services of Duke Energy

Duke Energy offers a comprehensive portfolio of products and services, including Energy Supply, Billing Services, and Outage Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides electricity and power solutions to homes and businesses.

Offers online payment and bill management for energy usage.

Handles reporting and resolution of power outages for users.

People of Duke Energy
Headcount 10000+
Employee Profiles 782
Board Members and Advisors 14
Employee Profiles
People
Brian Savoy
EVP, CFO
People
Rachel Alvarez
Capital Portfolio Manager
People
William Mills
Manager, Large Account Management
People
Phillip Wiggins
Engineer III

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Board Members and Advisors
people
Nicholas Fanandakis
Director
people
Thomas E. Skains
Director
people
Theodore F. Craver
Director
people
Annette K. Clayton
Director Board Of Directors

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Funding Insights of Duke Energy

  • Total Funding
  • Total Rounds 13
  • Last Round
  • First Round

    (24 Dec 2009)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2021 Amount Post-IPO - Duke Energy Valuation

investors

Jan, 2021 Amount Post-IPO - Duke Energy Valuation

investors

GIC
Aug, 2020 Amount Post-IPO - Duke Energy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Duke Energy

Duke Energy has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Elliott Management and GIC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sovereign wealth is managed and private equity investments are facilitated.
Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Multiple sectors are invested in by the hedge fund.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Duke Energy

Duke Energy has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Catamount Energy Corporation, Phoenix Energy Technologies and Piedmont Natural Gas. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Enterprise energy management SaaS and services are provided.
2004
Commercial solar projects are designed, installed, and financed.
1997
Wind Energy IPP
1986
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Duke Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Duke Energy Comparisons

Employees
+
Add Comparison
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Competitors of Duke Energy

Duke Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NextEra Energy, Acciona Energy, Boralex, UPC Renewables and Terra-Gen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of energy solutions
domain founded_year HQ Location
Renewable energy is developed, constructed, and marketed globally.
domain founded_year HQ Location
Developer of renewable energy projects
domain founded_year HQ Location
Independent Power Producer
domain founded_year HQ Location
Independent renewable energy power producer
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Duke Energy

Frequently Asked Questions about Duke Energy

When was Duke Energy founded?

Duke Energy was founded in 1904 and raised its 1st funding round 105 years after it was founded.

Where is Duke Energy located?

Duke Energy is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Who is the current CEO of Duke Energy?

Lynn Good is the current CEO of Duke Energy.

How many employees does Duke Energy have?

As of Dec 31, 2024, the latest employee count at Duke Energy is 26,410.

What is the annual revenue of Duke Energy?

Annual revenue of Duke Energy is $30.36B as on Dec 31, 2024.

What does Duke Energy do?

Producer and distributor of renewable electricity. It is an independent power producer in the renewable energy sector which owns and operates utility-scale wind and solar parks. Operates multiple wind farms with a cumulative production rate and more than half solar parks with a high capacity of power. Involved in the distribution of electricity to the main grids of multiple states. Distributor of natural gas and electricity to local residents across the country. In 2022, the company recorded annual revenues of 28.78B and a net profit of 2.55B.

Who are the top competitors of Duke Energy?

Duke Energy's top competitors include NextEra Energy, Xcel Energy and UPC Renewables.

What products or services does Duke Energy offer?

Duke Energy offers Energy Supply, Billing Services, and Outage Management.

Is Duke Energy publicly traded?

Yes, Duke Energy is publicly traded on NYSE under the ticker symbol DUK.

How many acquisitions has Duke Energy made?

Duke Energy has made 4 acquisitions, including Catamount Energy Corporation, Phoenix Energy Technologies, and Piedmont Natural Gas.

Who are Duke Energy's investors?

Duke Energy has 4 investors. Key investors include Goldman Sachs, Elliott Management, GIC, and OSTI.GOV.

What is Duke Energy's ticker symbol?

The ticker symbol of Duke Energy is DUK on NYSE.

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