- link Copy Url - [ Share on twitter ](https://twitter.com/intent/tweet?text=Duke Energy Utility Issues Historic $1 Billion Green Bond Offering https://www.3blmedia.com/markdownify/node/230161?absolute=1&via=3blnews "link to 3 B L Media's Twitter") - [ Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/230161?absolute=1 "link to 3 B L Media's Linkedin") - [ Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/230161?absolute=1 "link to 3 B L Media's Facebook") - [ email Share via email ](mailto:?subject=Duke Energy Utility Issues Historic $1 Billion Green Bond Offering&body=ESG News from Duke Energy Corporation https://www.3blmedia.com/markdownify/node/230161?absolute=1 "Share via email") [Sustainable Finance & Socially Responsible Investment](/CSR-News/sustainable-finance-socially-responsible-investment) # Duke Energy Utility Issues Historic $1 Billion Green Bond Offering Nov 9, 2018 3:35 PM ET ![](/sites/default/files/styles/carousel_2x/public/images/news-release-solar-warsaw_mid.jpg) CHARLOTTE, N.C., November 9, 2018 /4 -- Duke Energy Carolinas, a subsidiary of Duke Energy (NYSE: DUK), has completed its inaugural issuance of $1 billion in green bonds that will finance eligible green energy projects – including zero-carbon solar and energy storage – in North and South Carolina. This represents one of the largest green bond transactions issued by a utility. "Today marks a milestone for our company and demonstrates our continued commitment to generating cleaner energy for our customers and communities," said Duke Energy executive vice president and chief financial officer Steve Young. "We are proud to provide this option for investors to advance our goal of reducing carbon emissions by 40 percent by 2030." Duke Energy Carolinas has significantly improved its environmental impact over the past decade, retiring older coal-generating plants, increasing nuclear generation capacity and adding approximately 650 megawatts (MW) of built or purchased solar capacity. The company anticipates adding 1,800 MW of built and purchased solar capacity over the next five years. The green bonds, with a weighted average coupon of 3.74 percent between the three-year and 10-year maturities, will ensure the company's renewable energy projects continue to be financed on attractive terms to serve Carolinas customers. The company priced the green bonds on Nov. 5 and closed the transaction on Nov. 8. "Similar to Duke Energy, investors are increasingly interested in clean and renewable energy and now we can partner together to transform our energy future in the Carolinas," commented Young. **Duke Energy** Headquartered in Charlotte, N.C., Duke Energy (NYSE: DUK) is one of the largest energy holding companies in the U.S., with approximately 29,000 employees and a generating capacity of 49,500 megawatts. The company is transforming its customers' experience, modernizing its energy grid, generating cleaner energy and expanding its natural gas infrastructure to create a smarter energy future for the people and communities it serves. The company's Electric Utilities and Infrastructure unit serves approximately 7.6 million retail electric customers in six states – North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its Gas Utilities and Infrastructure unit distributes natural gas to approximately 1.6 million customers in five states – North Carolina, South Carolina, Tennessee, Ohio and Kentucky. Its Commercial Renewables unit operates a growing renewable energy portfolio across the U.S. A Fortune 125 company, Duke Energy was named to Fortune's 2018 "World's Most Admired Companies" list and Forbes' 2018 "America's Best Employers" list. More information about the company is available at [duke-energy.com](http://www.duke-energy.com/). The [Duke Energy News Center](http://news.duke-energy.com/) includes news releases, fact sheets, photos, videos and other materials. Duke Energy's [illumination](http://illumination.duke-energy.com/) features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on [Twitter](https://twitter.com/dukeenergy), [LinkedIn](https://www.linkedin.com/company/duke-energy-corporation), [Instagram](http://www.instagram.com/duke_energy) and [Facebook](https://www.facebook.com/dukeenergy). **Contact** Catherine Butler 24-Hour: 800.559.3853 [![logo](/sites/default/files/Clients/Duke-Energy-Logo-4c.jpg)](/profiles/duke-energy) ### More from Duke Energy Corporation ###### [Duke Energy Announces Loree Elswick as President of the Duke Energy Foundation](/news/duke-energy-announces-loree-elswick-president-duke-energy-foundation) Nov 18, 2025 8:30 AM ET ###### [Duke Energy Foundation Gives $100,000 to One SC Fund as Part of Annual Campaign To Help Fight Hunger in South Carolina](/news/duke-energy-foundation-gives-100000-one-sc-fund-part-annual-campaign-help-fight-hunger-south) Nov 12, 2025 8:30 AM ET ###### [A Home Run Partnership: Duke Energy Foundation, Tampa Bay Rays Donate $82,000 To Help Florida Customers Pay Energy Bills](/news/home-run-partnership-duke-energy-foundation-tampa-bay-rays-donate-82000-help-florida-customers) Oct 14, 2025 9:10 AM ET ###### [Duke Energy Foundation Awarded Corporate Social Impact Team of the Year by the Association of Corporate Citizenship Professionals](/news/duke-energy-foundation-awarded-corporate-social-impact-team-year-association-corporate) Oct 9, 2025 8:40 AM ET ###### [Building Momentum: Duke Energy Partners With Local Economic Development Organizations to Market High-Potential Industrial Sites in Connersville, Westfield](/news/building-momentum-duke-energy-partners-local-economic-development-organizations-market-high) Oct 7, 2025 9:15 AM ET ###### [Duke Energy Helps Communities Across Ohio and Kentucky Prepare Sites To Bring Local Investment, Jobs](/news/duke-energy-helps-communities-across-ohio-and-kentucky-prepare-sites-bring-local-investment) Oct 3, 2025 9:15 AM ET ###### [Duke Energy and Its Foundation Surpass $30 Million Over 10 Years To Support Community Resilience, Disaster Relief Efforts](/news/duke-energy-and-its-foundation-surpass-30-million-over-10-years-support-community-resilience) Oct 2, 2025 8:55 AM ET ###### [Nonprofits on the Frontlines of Helene Recovery Honored with Staff Care Grants](/news/nonprofits-frontlines-helene-recovery-honored-staff-care-grants) Sep 30, 2025 9:20 AM ET