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Duke Energy

History

Duke Energy was formed in 1997 following the merger of Duke Power and PanEnergy. Today, Duke Energy is a leading energy company focused on electric power and gas distribution operations in the Americas.

Mission

The mission of Duke Energy is to create superior and sustainable value for their customers, employees, communities, and investors through the production, delivery, and sale of energy and energy services.

Area of Operation

The businesses of Duke Energy are:
  • Franchised Electric & Gas
  • Commercial Power
  • International Operations
  • Generation Services
  • Real Estate
  • Telecommunications

Key Statistics

  • Duke Energy holds assets of $54.59 billion.
  • Duke Energy made profits of $1.83 billion in 2006.
  • Duke Energy has 20,400 employees.

Organization

The key people of Duke Energy's organization are the Executive Leaders who drive corporate strategy, transactions, financial plans, and enterprise policy.

International Ranking

  • Duke Energy ranks 190 in the world according to Forbes Magazine.
  • Duke Energy ranks 340 on the Fortune Global 500 List.

Recent Acquisitions

  • In 2000, Duke Energy purchased East Tennessee Natural Gas (ETNG) from El Paso Energy and Market Hub Partners from NiSource.
  • In 2002, Duke Energy Field Services bought controlling interest in DIGP from DTE Energy.

Headquarter Address

526 South Church Street
Charlotte
NC, 28202-1904
United States
Phone: 704-594-6200
Last updated on : 21-Feb-2012 11:52 am