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Duke Energy Corporation (DUK) Q2 2021 Earnings Call Transcript

Duke Energy Corporation (DUK) Q2 2021 Earnings Call Transcript
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Duke Energy Corporation (DUK) Q2 2021 Earnings Call Transcript

Duke Energy Corporation (DUK) Q2 2021 Earnings Call Transcript
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.

Duke Energy responds to Elliott Management s latest letter

CHARLOTTE, N.C., July 19, 2021 /PRNewswire/  Below is Duke Energy s (NYSE: DUK) statement in response to Elliott Management s announcement today: The new Elliott Management letter to the Board of Directors is the latest attempt to push its short-term agenda at the expense of long-term shareholder value as well as the interests of Duke Energy s employees and the communities it serves. Duke Energy remains open to value-creating ideas in the company s pursuit of continuous operational improvement and frequently engages with shareholders for their input, including a good faith engagement with Elliott over the last 12 months. However, Elliott has again failed to provide any concrete and specific ideas to increase shareholder value, choosing instead to launch public attacks supported by cherry-picked data and anonymous sources. Duke remains focused on delivering long-term value and growth to customers and investors in all jurisdictions.   

Singapore s GIC invests in EV charging firm Qmerit

GIC invests in US-based EV charging firm Qmerit A GIC signage is pictured during their results announcement in Singapore July 2, 2019. REUTERS/Anshuman Daga July 21, 2021 Singapore’s sovereign wealth fund GIC has invested an undisclosed amount in US-based Qmerit, a green energy firm that installs electric vehicle (EV) charging stations in residential and fleet areas, according to an announcement. GIC has partnered with Lime Rock New Energy, the clean energy arm of private equity firm Lime Rock Management, to invest in the green energy firm. The Singapore investor will have a seat on the Qmerit board as part of the deal.

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