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Classified in: Oil industry
Subjects: NPT, CSR, NAT

Duke Energy providing $145,000 in grants to support communities affected by storm devastation


PLAINFIELD, Ind., April 10, 2023 /PRNewswire/ -- The Duke Energy Foundation is giving $120,000 in grants to Indiana non-profit organizations that have responded to the severe damage from the March 31-April 1 violent storm and tornadoes.

Duke Energy Sustainable Solutions, a nonregulated commercial brand of Duke Energy dedicated to renewables, is also contributing $25,000 to a west central Indiana community where it operates.

"Severe weather can be devasting for a community," said Duke Energy Indiana President Stan Pinegar. "It happens with little warning but can have long-term effects. Cleanup and restoration from the recent storms will take months, but these are strong communities that will rebound. This is a time of great need, and these organizations are delivering a critical service."

The grants are going to:

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy (NYSE: DUK), provides about 6,300 megawatts of owned electric capacity to approximately 890,000 customers in a 23,000-square-mile service area, making it Indiana's largest electric supplier.

Duke Energy Foundation

The Duke Energy Foundation provides philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation contributes more than $2 million annually in charitable gifts to Indiana and is funded by Duke Energy shareholder dollars. More information about the Foundation and its Powerful Communities program can be found at duke-energy.com/Foundation.

Contact: Angeline Protogere
Office: 317.431.1910 | 24-Hour: 800.559.3853

SOURCE Duke Energy


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