Make it an even dozen: Duke Energy economic development team honored by Site Selection magazine -- again

CHARLOTTE, N.C., Sept. 19, 2016 /PRNewswire/ -- For the 12^th consecutive year, Duke Energy has been named to Site Selection magazine's annual list of "Top Utilities in Economic Development."

In the magazine's September edition, it credits Duke Energy's economic development team and its successful collaboration with state and local partners for delivering more than $3.5 billion in capital investments and over 12,000 new jobs in 2015. Duke Energy has been featured on the list every year since 2005.

Duke Energy's approach to economic development is unique in the utility industry.

"Economic development is a team sport and we are a key position player – we work with many allies in different capacities throughout the economic development process to achieve success," said Stu Heishman, Duke Energy's vice president of economic development. "We will continue to get these results by providing dependable, affordable energy to the industries, businesses and residential customers we serve."

Duke Energy's economic development team forges strategic relationships with key site selection consultants and targeted industries nationally and globally. In 2015, the company developed new options around site readiness and deployed a new model for targeted business recruitment with strategic hires in key markets including Atlanta, Detroit and San Francisco.

"We have been very aggressive with a specific focus on site readiness, industrial recruitment and collaborative efforts with our state and local partners to close deals," Heishman said. "Our team is committed to the mission of adding capital investment and jobs in the communities across our six-state service area."

To read the full article, go to: http://siteselection.com/issues/2016/sep/the-years-best-utilities-give-you-much-more-than-power.cfm

For more information about Duke Energy's economic development programs, visit www.locationdukeenergy.com.

About Duke Energy

Duke Energy is one of the largest electric power holding companies in the United States. Its regulated utility operations serve approximately 7.4 million electric customers located in six states in the Southeast and Midwest, representing a population of approximately 24 million people. Its Commercial Portfolio and International business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.

Headquartered in Charlotte, N.C., Duke Energy is an S&P 100 Stock Index company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com. 

The Duke Energy News Center serves as a multimedia resource for journalists and features news releases, helpful links, photos and videos. Hosted by Duke Energy, illumination is an online destination for stories about remarkable people, innovations, and community and environmental topics. It also offers glimpses into the past and insights into the future of energy.

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SOURCE Duke Energy

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