- Duke Energy has invested more than $1.5 million in the Economic Development Partnership of North Carolina since 2017
CHARLOTTE, NC, June 29, 2023 /3BL/ – The Duke Energy Foundation is awarding $250,000 in grant funding to the Economic Development Partnership of North Carolina (EDPNC) to drive new jobs and investment in North Carolina communities.
“The most important investment we can make is in the people and communities we serve,” said Kendal Bowman, president of Duke Energy North Carolina. “This grant is intended to sustain and advance efforts to keep North Carolina the top state for business, while creating economic development opportunities in all 100 counties in our state.”
Grant dollars will be used to support EDPNC’s efforts to improve the economic well-being and quality of life of all North Carolina residents through collaboration with state, regional, local and private partners in new business recruitment, support of existing employers, international trade and exports. assistance, advice on starting up small businesses and promotion of tourism.
“North Carolina’s economy continues to grow and expand at a record pace,” said Christopher Chung, CEO of the EDPNC. “We are grateful for Duke Energy’s continued support in helping the EDPNC improve the economic well-being and quality of life for all North Carolina residents.”
Duke Energy Foundation
The Duke Energy Foundation provides philanthropic support to meet the needs of the communities where Duke Energy customers live and work. The Foundation contributes more than $30 million annually in charitable giving and is funded by Duke Energy shareholder dollars. More information about the Foundation can be found at duke-energy.com/foundation.
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, NC, is one of America’s largest energy holding companies. The electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. The natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,600 people.
Duke Energy is pursuing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas operations by 2030 and net-zero carbon emissions from electricity generation by 2050. The company has interim CO2 emissions targets of at least 50% reduction in electricity generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% of electricity generation by 2040. In addition, the company is investing in key improvements to the electricity grid and energy storage, and explores zero-emission energy generation technologies such as hydrogen and advanced nuclear energy.
Duke Energy was named to Fortune’s 2023 “World’s Most Admired Companies” list and to Forbes’ “World’s Best Employers” list. More information is available at Duke-Energy.com. The Duke Energy News Center contains press releases, fact sheets, photos and videos. from Duke Energy relief features stories about people, innovations, community topics and environmental issues. Follow Duke Energy Tweet, LinkedIn, Instagram And Facebook.
Duke Energy media contact: Emily Kissee
Media line: 800.559.3853
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