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How President Biden Helped Send Duke Energy Stock Up 12.8% in March

Shares of
Duke Energy (NYSE:DUK) surged 12.8% in March, according to data provided by S&P Global Market Intelligence. Given the defensive nature of utility stocks, it s not every day that you see a stock in the sector rise by double digits in a short span of time. For Duke, multiple announcements that fit well with President Joe Biden s climate change agenda fueled investor interest in the stock.
So what
Biden recently unveiled a detailed $2 trillion plan to rebuild America s crumbling infrastructure. Aside from investment in traditional infrastructure, Biden s proposal is heavily weighted toward tackling climate change, as he had campaigned, and calls for a clean energy revolution to advance the country to net-zero carbon emissions by 2050. The plan includes a law requiring utilities to obtain more power from renewable sources, such as wind and solar. ....

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Duke Energy Renewables signs agreements with Ball Corp., AT&T for wind power project

Duke Energy Renewables signs agreements with Ball Corp., AT&T for wind power project
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AT&T, Ball Corporation Begin VPPAs via Wind Project in Oklahoma

AT&T, Ball Corporation Begin VPPAs via Wind Project in Oklahoma
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Duke Energy Renewables announces commercial operation of its largest windpower project – 350-MW Frontier II in Oklahoma

Duke Energy Renewables, a commercial business unit of Duke Energy, today announced the commercial operation of the largest windpower project in its fleet – the 350-megawatt Frontier Windpower II project in Kay County, Okla. ....

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