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Duke Energy Carolinas LLC Sustainable Financing

Duke Energy Carolinas, LLC

Duke Energy Carolinas, LLC issues green bonds and sustainability bonds to finance or refinance new and existing projects that have environmental and/ or social benefits.

Green Bonds

The green bonds issued by Duke Energy are used to fund projects that lessen our environmental impact and make our industry more sustainable. For example, the bonds help us invest in more renewable energy, and develop innovative green energy projects, like new battery storage solutions.

Description

CUSIP

Settlement Date

Maturity Date

Net Proceeds/ Allocated

November 2018 Green 3-yr Bond 26442CAW4 11/08/2018 5/15/2022 $348.6M/ $348.6M*
November 2018 Green 10-yr Bond
26442CAX2
11/08/2018 11/15/2028 $643.4M/ $643.4M*
*as of 06/30/2023  

Resources
Prospectus Supplement
Independent Accountant's Report
Management's Assertion Regarding Disbursements

Estimated Impact Summary

 
  November 2018 Green Bonds
CUSIPS 26442CAW4 / 26442CAX2      
Net Proceeds $992,022,000      

Environmental Impacts

 
  Annual MWh* EPA Factor (rounded) Metric Tons CO2
CO2(MT) Reduced from Atmosphere 2,819,533 0.43 1,219, 714
  Annual MWh* EPA Factor (rounded) Homes Powered
Homes Powered Per Year 2,819,533 0.05 153,725
*PPAs account for 2,450,533 Mwh

Sustainability Bonds

Sustainability bonds issued by Duke Energy are used to fund projects that make our industry more sustainable. For example, the bonds help us invest in grid enhancements and expanding renewable energy integration.

Description CUSIP Settlement Date Maturity Date Net Proceeds/
Allocated
March 2022 Sustainability 10-yr Bond 26442CBG8 03/04/2022 03/15/2032 $497.4M/ $497.4M*
March 2022 Sustainability 30-yr Bond 26442CBH6 03/04/2022 03/15/2052 $643.1M/ $643.1M*
*Reported disbursements have not yet been audited

Resources

Prospectus Supplement
Management's Assertion Regarding Disbursements

Estimated Impact Summary

  March 2022 Sustainability Bond 10-yr / 30-yr
CUSIP 26442CBG8 / 26442CBH6    
Net Proceeds $1,140,535,500    
Environmental Impacts
Avoided Customer Minutes of Interruption
(includes Major Event Days and Non-Major Event Days)
2020: 29,059,195
2021: 11,497,104
2022: 40,778,708
*2023: 42,868,609

*as of 11/30/2023