Following historic power restoration effort in mountain region, Duke Energy announces more than $2.2 million committed to date for disaster relief, rebuilding and readiness in North Carolina

PR Newswire11-25 23:05

Funding will benefit nonprofits, local emergency management agencies and economic development organizations Initiatives will support long-term recovery in western North Carolina to aid with ongoing ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2486248035?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/ac9XtTaFK8_ROVQFvQWVAg--~B/aD0xMjg7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b","is_english":true,"pubTime":"2024-11-25 23:05","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2486248035","market":"us","top_or_hot":-1,"title":"Following historic power restoration effort in mountain region, Duke Energy announces more than $2.2 million committed to date for disaster relief, rebuilding and readiness in North Carolina","media":"PR Newswire","content":"<div>\n<p>Funding will benefit nonprofits, local emergency management agencies and economic development organizations \nInitiatives will support long-term recovery in western North Carolina to aid with ongoing ...</p>\n\n<a href=\"https://finance.yahoo.com/news/following-historic-power-restoration-effort-150500271.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Following historic power restoration effort in mountain region, Duke Energy announces more than $2.2 million committed to date for disaster relief, rebuilding and readiness in North Carolina</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFollowing historic power restoration effort in mountain region, Duke Energy announces more than $2.2 million committed to date for disaster relief, rebuilding and readiness in North Carolina\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-25 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/following-historic-power-restoration-effort-150500271.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Funding will benefit nonprofits, local emergency management agencies and economic development organizations \nInitiatives will support long-term recovery in western North Carolina to aid with ongoing ...</p>\n\n<a href=\"https://finance.yahoo.com/news/following-historic-power-restoration-effort-150500271.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GRO","symbol_name":"Brazil Potash Corp.","start_time":0,"source_url":"https://finance.yahoo.com/news/following-historic-power-restoration-effort-150500271.html","article_id":"2486248035","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ac9XtTaFK8_ROVQFvQWVAg--~B/aD0xMjg7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/following-historic-power-restoration-effort-150500271.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2486248035","pubTimestamp":1732547100,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Funding will benefitnonprofits, local emergency management agencies and economic development organizations. Initiatives will support long-term recovery in western North Carolina to aid with ongoing challenges that extend far beyond power delivery. CHARLOTTE, N.C., Nov. 25, 2024 /PRNewswire/ -- Duke Energy and its Foundation today announced it has supported local communities across North Carolina with over $2.2 million in aid for disaster relief, rebuilding and readiness efforts since Hurricane Helene's impact. The announcement comes on the heels of the company's historic power restoration effort in the state's western mountain region.\"Duke Energy is committed to supporting disaster relief and readiness in the communities we serve,\" said Kendal Bowman, Duke Energy North Carolina state president. \"We are proud to partner with nonprofit organizations and local emergency management agencies that are making a real impact in these efforts.\"","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GRO":"Brazil Potash Corp.","LU2384288077.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A-INS\" (EUR) ACC","LU1621767737.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (EUR) ACC","BK4081":"电力公用事业","LU1621767810.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"A\" (EUR) INC","LU1621768206.USD":"AZ EQUITY GLOBAL INFRASTRUCTURE \"AAZ\" (USD) ACC","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","BK4588":"碎股","LU1621768115.EUR":"AZ EQUITY GLOBAL INFRASTRUCTURE \"B\" (EUR) INC","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","IE00B29SXK94.USD":"FIRST SENTIER GLOBAL LISTED INFRASTRUCTURE \"I\" (USD) ACC","DUK":"杜克能源","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","IE00B29SXL02.USD":"FIRST SENTIER GLOBAL LISTED INFRASTRUCTURE \"I\" (USD) INC","CARO":"Carolina Financial Corporation","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","BK4585":"ETF&股票定投概念","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","BK4566":"资本集团"},"translate_title":"继山区历史性的电力恢复工作之后，杜克能源公司宣布迄今为止已承诺超过220万美元用于北卡罗来纳州的救灾、重建和准备工作","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CARO":1,"GRO":1,"DUK":0.9},"content_text":"Funding will benefit nonprofits, local emergency management agencies and economic development organizations \nInitiatives will support long-term recovery in western North Carolina to aid with ongoing challenges that extend far beyond power delivery\n\nCHARLOTTE, N.C., Nov. 25, 2024 /PRNewswire/ -- Duke Energy and its Foundation today announced it has supported local communities across North Carolina with over $2.2 million in aid for disaster relief, rebuilding and readiness efforts since Hurricane Helene's impact. The announcement comes on the heels of the company's historic power restoration effort in the state's western mountain region.\n\n  \n\n\"Duke Energy is committed to supporting disaster relief and readiness in the communities we serve,\" said Kendal Bowman, Duke Energy North Carolina state president. \"We are proud to partner with nonprofit organizations and local emergency management agencies that are making a real impact in these efforts.\"\nSupporting Communities\nOver $1 million in Duke Energy Foundation grants have been distributed for immediate relief and long-term recovery in western North Carolina.\nAdditional aid provided to local communities for disaster relief, rebuilding and readiness from the company and its Foundation includes the following:\n\nFlexibility was given for $500,000 of previous Duke Energy Foundation grants to be used for community relief and recovery through western North Carolina organizations.\nMore than $200,000 has been committed to economic development organizations to support the repair, improvement and advancement of industrial sites, buildings and infrastructure in western North Carolina.\nNew grants totaling $500,000 from the Duke Energy Foundation will support disaster readiness in central and eastern North Carolina.\n\nWNC Communities serves over 20 counties in the western mountain region of North Carolina and has provided immediate relief for farmers whose agricultural operations were impacted by the storm.\n\"Duke Energy's support for our disaster relief program will make a big difference in assisting the agricultural community in our region in their recovery efforts,\" said Jennifer Ferre, executive director of WNC Communities. \"This support demonstrates Duke Energy's commitment to making sure western North Carolina remains strong in the face of this crisis.\" \nMANNA FoodBank, located in Asheville, has played a critical role in distributing food, water and supplies to western North Carolina communities impacted by Hurricane Helene.\n\"In the critical early days following the storm, Duke Energy was among the first to reach out, offering their assistance and partnership,\" said Claire Neal, CEO of MANNA FoodBank. \"Their prompt and generous response has been instrumental in our disaster relief efforts, enabling us to provide much-needed food and resources to those affected by the devastation. Together, we are making a significant difference in the lives of our community members during this challenging time.\"\nThe Duke Energy Foundation has provided over $3.2 million in disaster preparedness and response grants in North Carolina since 2020.\nWestern North Carolina Grant Recipients\nThe Duke Energy Foundation awarded grants to the following organizations to support their disaster relief and recovery efforts in western North Carolina:\n\nAmerican Red Cross North Carolina\nAsheville Area Chamber of Commerce's Community Betterment Foundation Mountain Strong Fund\nBaptists on Mission\nBeloved Asheville\nCaldwell County Emergency Services\nCaldwell County United Way\nCamp Grier\nCommunity Foundation of Henderson County\nCommunity Housing Coalition of Madison County\nEastern Band of Cherokee Indians\nEblen Charities\nFeeding Avery Families\nInterfaith Assistance Ministries\nLand of Sky Regional Council\nMANNA Food Bank\nMcDowell County\nMcDowell County Chamber of Commerce Foundation\nMitchell County Development Foundation\nMitchell County Emergency Management\nNorth Carolina Disaster Relief Fund at the United Way of North Carolina\nSamaritan's Purse\nSecond Harvest Food Bank\nSwain County\nTransylvania County\nUnited Way of Haywood\nWNC Communities\n\nA list of Duke Energy Foundation disaster readiness grant recipients in central and eastern North Carolina can be found here.\nHistoric Power Restoration Effort\nHurricane Helene was one of the most impactful storms in the company's history and required an unprecedented response to ensure swift power restoration for over 1.4 million outages in North Carolina.\nStrategic resource staging, helicopter and drone operations, mobile substation deployments, advanced mapping techniques and close coordination with local, state and federal partners were critical to the success of the company's historic restoration operation in the mountain region.\nDuke Energy crews were able to restore power to the hardest-hit areas of western North Carolina faster than expected by implementing innovative solutions in the field, and restoration is complete for customers able to receive service. Assistance and resources have been extended to those affected by Helene, and the company stands ready to assist customers with account questions and reconnections as damaged structures are repaired.\nDuke Energy Foundation The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.\nDuke EnergyDuke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.\nDuke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.\nMore information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.\nContact: Garrett PoormanX (Twitter): @DE_GarrettP24-Hour: 800.559.3853\n View original content to download multimedia:https://www.prnewswire.com/news-releases/following-historic-power-restoration-effort-in-mountain-region-duke-energy-announces-more-than-2-2-million-committed-to-date-for-disaster-relief-rebuilding-and-readiness-in-north-carolina-302315465.html\nSOURCE Duke Energy","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486248035"}