Duke Energy Corporation, together with its subsidiaries, engages in the natural gas and electric businesses in the Americas.
The company operates in six divisions: Franchised Electric, Natural Gas Transmission, Field Services, Duke Energy North America (DENA), International Energy, and Crescent Resources.
The Franchised Electric division generates, transmits, distributes, and sells electricity in central and western North Carolina and western South Carolina.
The Natural Gas Transmission division provides transportation and storage of natural gas in the eastern and southeastern United States, and in Ontario and British Columbia, Canada.
This division also provides natural gas sales and distribution service to retail customers in Ontario; natural gas gathering and processing services to customers in western Canada; and other energy-related services.
The Field Services division gathers, compresses, treats, processes, transports, markets, and stores natural gas; and fractionates, transports, markets, and stores natural gas liquids.
The DENA division operates and manages power plants, and markets electric power and natural gas in the United States and Canada.
The International Energy division operates and manages power generation facilities, and sells and markets electric power and natural gas.
The Crescent Resources division develops and manages commercial, residential, and multifamily real estate projects primarily in the southeastern and southwestern United States.
In addition, Duke Energy owns and operates a fiber optic communications network in the Carolinas serving wireless, local, and long distance communications companies; Internet service providers; and other businesses and organizations.
The company also provides insurance and reinsurance of various business risks and losses.
Duke Energy was founded 1916 and is headquartered in Charlotte, North Carolina.
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