Duke Energy Florida LLC, founded as part of Duke Energy Corporation, is headquartered in St. Petersburg, Florida, and serves as a major electric utility supplier in the state. The company is dedicated to providing reliable, affordable electricity to millions of customers while focusing on sustainable energy solutions and infrastructure improvements. Key services include electricity generation, distribution, and energy efficiency programs tailored to meet the diverse needs of residential and commercial customers.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Duke Energy Florida LLC commenced bond issuances to finance its operational and capital needs, with significant issuances including a $700 million offering in 2021 aimed at funding grid modernization efforts. The company has a consistent history of issuing bonds since its inception, with current yields generally aligning with industry averages, reflecting its commitment to maintaining strong credit ratings. Notably, the company offered green bonds designed to support renewable energy projects, highlighting its focus on sustainability amid heightened investor interest in environmentally friendly initiatives.