- American City Business Journals•26 days ago
Duke Energy has expanded its parental leave policy, adding six more weeks of paid leave for birth mothers and giving fathers six weeks of paid leave as well. The additional paid leave for mothers and fathers applies to births, adoptions and foster-care placements. The new policy will not, however, immediately extend to the 1,465 workers at Duke subsidiary Piedmont Natural Gas.
- American City Business Journals•28 days ago
Piedmont Natural Gas has reached an interconnection agreement with Optima KV for construction of natural gas lines that would put swine-waste gas on Piedmont’s system for use by Duke Energy (DUK) at two of its plants. The details of the contract between Piedmont and Optima, filed with the N.C. Utilities Commission Tuesday, are confidential. Optima KV, a subsidiary of Optima BioEnergy, contracted with Duke last May to annually produce 80,000 dekatherms of natural-gas quality methane from swine waste for use at Duke’s H.F. Lee and Sutton combined-cycle natural gas plants in Wayne and New Hanover counties.
- American City Business Journals•2 months ago
Duke Energy’s Lynn Good had a big 2016 in which a couple of things went almost exactly as planned and at least one thing notably didn’t. Good’s team closed its $4.9 billion purchase of Piedmont Natural Gas Oct. 3, just 11 months after the deal was announced. It cements Duke’s move out of more volatile businesses to focus on utilities, federally regulated pipelines and transmission and the stable long-term contracts of its renewable business.
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Piedmont Natural Gas Company, I (PNY)
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