Duke Energy likely to exit Ohio after rate decision, says Citigroup Citigroup believes Duke Energy is likely to exit the Ohio merchant generation market after the Ohio Public Utilities Commission denied the company's request for a rate increase. Citi believes Duke could sell its Ohio assets, retire the fleet or some combination of the two. It believes an exit from Ohio would be a positive catalyst for shares and keeps a Buy rating on Duke Energy with a $77 price target.
JinkoSolar panels installed at Duke Energy's Capital Partners Solar Project, NC JinkoSolar panels are being installed by SunEnergy 1 at the Duke Energy Renewables-owned Capital Partners Solar Project in eastern North Carolina. The solar project was announced as a partnership among three customers that will bring solar power from rural North Carolina to the urban settings of the Washington, D.C., institutions.