Duke Energy’s first sustainability bond could center on Florida utility

Duke Energy Corp.’s first sustainability bond issue could be a $1 billion-plus transaction involving Duke Energy Florida by the end of this year.

Duke (NYSE: DUK) established its standards last week for issuing the increasingly popular class of bonds designed to finance corporate environmental and social goals including cleaner energy plants, electric grid upgrades, workplace diversity as well as educational and economic equity.

The company has said its first issue under that sustainability framework…

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