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Duke to sell 1.2 GW, $1.25B in renewables assets
Utility Dive: Duke says the deal, expected to close in the second half of this year, is a validation of its renewables portfolio and a financial win for the company, but does little to change daily operations.
The sale will provide Duke with pre-tax proceeds of $415 million, while allowing the company to retain the majority of the remaining tax benefits from the projects.
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