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Duke Energy Progress, LLC Sustainability Bonds

Duke Energy Progress, LLC

Duke Energy Progress, 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

March 2019 Green Bond 10-yr Bond 26442UAH7 03/07/2019 03/15/2029 $593.6M/ $593.6M*
*as of 9/30/2019  

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

Estimated Impact Summary

  March 2019 Green 10-yr Bond
CUSIP 26442UAH7
     
Net Proceeds $593,628,000      

Environmental Impacts*

CO2(MT) Reduced from Atmosphere 2,800,000
Homes Powered Per Year 320,000
*Bond fully allocated in 2019 

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 26442UAN4 03/17/2022 04/1/2032 $496.4M/ $-
March 2022 Sustainability 30-yr Bond 26442UAP9 03/17/2022 04/1/2052 $393.5M/ $-
Resources
Prospectus Supplement

Estimated Impact Summary

  March 2022 Sustainability Bond 10-yr / 30-yr
CUSIP 26442UAN4 / 26442UAP9    
Net Proceeds $889,971,000    
Environmental Impacts
CO2(MT) Reduced Data not available yet for sustainability bonds
Homes Powered per Year Data not available yet for sustainability bonds