Duke Energy (DUK) Said Elliott Management Past Proposals Not in Best Interest of Company and Holders, Will Review Latest Proposal streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
changing 12 Points area.
“12 Points Revitalization was approved for a matching $50,000 grant from the Indiana Housing and Community Development Authority. If our community raises $50,000 by June 7, 2021, IHCDA will match the contributions dollar-for-dollar for streetscape improvements in the 12 Points Building Business. This $1,000 from Duke Energy will go toward the $50,000 match,” Tiffany Baker, 12 Points Revitalization Economic Development Chair, explained. “Funds will be used to add lighting on Lafayette Avenue, add a gateway arch over Lafayette Avenue, free community WiFi in Gold Medal Plaza and bike racks throughout the neighborhood.”
Terre Haute Meals on Wheels was also a recipient, which depends on donations and assistance to continue its work providing food to people in West Central Indiana.
abatement covering seven years instead of 10 years from the Vigo County
Council for a proposed $180 million solar farm to be build in southern Vigo
County and northern Sullivan County.
Council President Aaron Loudermilk said there was some confusion as an
ordinance presented to the council stated real and personal property taxes,
however, that is statutory language to establish an economic revitalization
area for abatements, he said. The abatement petition was only seeking a
personal property tax abatement on $100 million in equipment, as about 60%
of the project is in Vigo County, said Nathan J. Hagerman, attorney for
Duke Energy.
presented a revised tax abatement option Tuesday for seven years. The
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10 May, 2021 Author Darren Sweeney
Duke Energy Corp. s CFO said the company does not plan to pursue further asset sales even as industry peers and the market have reacted enthusiastically to the premium fetched by the partial sale of Duke Energy Indiana LLC. Going forward, we ve got a five-year plan that is pretty set for us, Duke Energy Executive Vice President and CFO Steven Young said in a May 10 phone interview prior to the company s first-quarter earnings call.
Duke Energy announced in late January that it would sell a 19.9% interest in subsidiary Duke Energy Indiana, or DEI, to GIC Pte. Ltd. affiliate EPSOM Investment Pte. Ltd. in a $2.05 billion all-cash deal.