Duke Energy wins up to $61.8 million DOE grants for coal plant upgrades in Kentucky, North Carolina

Duke Energy Corporation

DUK

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Duke Energy was selected by the U.S. Department of Energy for up to USD 61.8 million in new grants for coal-plant reliability upgrades.
Funding targets East Bend in Kentucky, Roxboro units 2-3 in North Carolina.
Total DOE support across these projects would reach nearly USD 96 million, including a previously announced USD 34 million grant for Belews Creek.
Duke Energy will enter negotiations with DOE to finalize award amounts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duke Energy Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606050800PR_NEWS_USPR_____CL77048) on June 05, 2026, and is solely responsible for the information contained therein.

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