Duke Energy Corp. has established standards for issuing sustainability bonds to pay for infrastructure and programs to meet its corporate environmental, social and governance goals. The company could issue bonds under the plan before years end.
Chris Bauer, director of corporate finance for Duke (NYSE: DUK), says funding from the bonds will drive the transition to clean energy sources and allow the company to raise funds for innovation and energy efficiency.
“When you look at Duke’s $59 billion…