0001326160-15-000145.txt : 20150731 0001326160-15-000145.hdr.sgml : 20150731 20150731123500 ACCESSION NUMBER: 0001326160-15-000145 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150731 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets FILED AS OF DATE: 20150731 DATE AS OF CHANGE: 20150731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Duke Energy CORP CENTRAL INDEX KEY: 0001326160 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 202777218 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32853 FILM NUMBER: 151018674 BUSINESS ADDRESS: STREET 1: 550 SOUTH TRYON STREET STREET 2: DEC45 CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-382-3853 MAIL ADDRESS: STREET 1: 550 SOUTH TRYON STREET STREET 2: DEC45 CITY: CHARLOTTE STATE: NC ZIP: 28202 FORMER COMPANY: FORMER CONFORMED NAME: Duke Energy Holding Corp. DATE OF NAME CHANGE: 20050628 FORMER COMPANY: FORMER CONFORMED NAME: Deer Holding Corp. DATE OF NAME CHANGE: 20050504 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DUKE ENERGY PROGRESS, INC. CENTRAL INDEX KEY: 0000017797 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 560165465 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03382 FILM NUMBER: 151018675 BUSINESS ADDRESS: STREET 1: 410 S. WILMINGTON STREET CITY: RALEIGH STATE: NC ZIP: 27601 BUSINESS PHONE: 9195466111 MAIL ADDRESS: STREET 1: 410 S. WILMINGTON STREET CITY: RALEIGH STATE: NC ZIP: 27601 FORMER COMPANY: FORMER CONFORMED NAME: CAROLINA POWER & LIGHT CO DATE OF NAME CHANGE: 19920703 8-K 1 duk-20150731x8xk.htm 8-K DUK-2015.07.31-8-K



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 





 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 





 
Date of Report (Date of earliest event reported): July 31, 2015
 
Commission file number
Registrant, State of Incorporation or Organization,
 Address of Principal Executive Offices, and Telephone Number
IRS Employer Identification No.





1-32853
DUKE ENERGY CORPORATION
(a Delaware corporation)
550 South Tryon Street
Charlotte, North Carolina 28202-1803
704-382-3853






20-2777218
1-3382
DUKE ENERGY PROGRESS, INC.
(a North Carolina corporation)
410 South Wilmington Street
Raleigh, North Carolina 27601-1748
56-0165465
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))





Item 2.01.     Completion of Acquisition or Disposition of Assets.

On July 31, 2015, Duke Energy Progress, Inc. (the “Company”) closed on the purchase of the following undivided ownership interests (collectively, the "Purchased Generation Assets") of the North Carolina Eastern Municipal Power Agency (“NCEMPA”) pursuant to the Asset Purchase Agreement entered into by the Company and NCEMPA on September 5, 2014:

18.33% interest in Brunswick Nuclear Plant Unit 1 in Brunswick County, North Carolina;
18.33% interest in Brunswick Nuclear Plant Unit 2 in Brunswick County, North Carolina;
16.17% ownership interest in Mayo Plant Unit 1 in Person County, North Carolina;
12.94% interest in cancelled Mayo Plant Unit 2;
12.94% interest in Roxboro Plant Unit 4 in Person County, North Carolina;
3.77% interest in the common facilities that support Roxboro Plant Unit 4 and the 3 other Roxboro Plant Units;
16.17% interest in Harris Nuclear Plant Unit 1 in Wake County, North Carolina; and
12.94% ownership interest in cancelled Harris Nuclear Plant Units 2, 3 and 4.

The purchase price for the Purchased Generation Assets was approximately $1.25 billion, after adjustments at closing for capital expenditures actually incurred by NCEMPA with respect to the Purchased Generation Assets. In connection with the closing on the Purchased Generation Assets, a new Full Requirements Power Purchase Agreement, through which the municipality members of NCEMPA will purchase all required bulk power, will commence on August 1, 2015 and have a thirty year term.




2








SIGNATURE
 
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
DUKE ENERGY CORPORATION
 
 
Date: July 31, 2015
By:
 
/s/ Julia S. Janson
 
 
Name:
Julia S. Janson
 
Title:
Executive Vice President, Chief Legal Officer and Corporate Secretary

 
DUKE ENERGY PROGRESS, INC.
 
 
Date: July 31, 2015
By:
 
/s/ Julia S. Janson
 
 
Name:
Julia S. Janson
 
Title:
Executive Vice President and Chief Legal Officer




3






GRAPHIC 2 a8krencempaclosingimage1.gif begin 644 a8krencempaclosingimage1.gif M1TE&.#EADP`\`/<```12>`=5>@A5>@Q7?!!:?@I;@!)<@!1<@11=@!5KCAA@ M@QQBA1EPDB!EAR-HB2=JBRMMC2]PCRE^G3-SD3=UE#AWDSMXEC][F$)]F4-] MFD^].%*^.U6_/E?`06##2V7%46O'5VW(6GC-9WO.:BV.JR^/K4>`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`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12 M>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12 M>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12 M>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12 M>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12>`12 M>`12>`12>`12>`12>`12>"P`````DP`\`$<(_P!C"1Q(L*#!@P@3*ES(L*'# MAQ`C2IQ(L:+%BQ@S:MS(L:-&%@!"BLR0$5-(*`55K0A91>#)@R\`.!#H``#) M5B`!M%!%L"9)CQCKY!B:HP>L5@1$*FT@<(2&IU"C2A6#T"0`E`7CA%PA\`$` M$P0)94(!,-_(;$0"R<;2`45$XDT9!56!4D&`!:QO&103#/%XI]-L!GT MH5(4DA?)#IX89`&"(;WAT"9C@!!5A`2UIY0",UR64@L("A!%B!ZV-1`F>`'@ M1I`L!BB@0'OH<-B34.9`B4!<2&7(02$MD,&67,X0BX47(A3<<"$=8.:9!P@$ MV@`93)`4``,X0M!*``B`0A183''">10\-T5(4A0T09UK;70"@B5B9)U!%F(H MD"`*A%1#+&-R%E)Q!%!P$D\"51%2H03%]%]Z`[62X)*HIJKJJJRVZNJKL,;_ M*JM%HLR`@$@(4#?KKA/YX9I2DUYD50I85!'#H"%9$,I`&A;$85D!YO=8B#5! M@,6UV,JQ:W,(KM7)%B,X`<8@K$0TX4&C`?!(AO1M:-]8/.X'Y$`U3>#'O?@N MIVH>3N9P1RQ8L`C`'[&$X:"#'A"BT+D&71&2'^PF*M"S05*`2:0`!%K0?:^B M050/:Z02RY\LRB#0*8;P0<873830X,$:;'")00QK$L<*Y[4D4"`AF?"<0)EH M*L!R'`N$0D@M4"LDJY'DL(=!OR*H+T1D;-`7KZHB8=@1=#3B2D6L%$*&"$\A MLN$+:*>-=J"/O,!=0G"@O:P+#]1MM]T"2:&V#7"(_X*0*%!8D!2;4(#J!MK: M&@0%VGY3U(@/448^U-.Q@`&5%J\@M&B%2B&P;D&5$H<0:!T*1`,`!`@T1[*< MXF>""9P&#.)Q>#70N$8Q`)!`"3A(G@,=$@E,7Z.Q:-+9!9R&+G``:J+^0@H1 MI'59%"'-*]`C^.+[>2RBO`E`#'[)@"`@!K4B7_#[^18F06Z&ARK MM4!0]`[\?)#X`Q>T>2R""`10W*"IO+BH(L(C"?$.T@INP8]%S2M=+$[7+NX= MC44^LIY+TB<0.$#B#5APQ!6P1L(2FO"$*$RA"E?(PA:Z\(4PC*$,9_@J4\@! M"WVC80GGX#T`R.`1,A"@#O]EU8;SI&59%K&14@9`@]9%K#X=*MIQN,4?)"%( M2;$210.DAA&&"<01%TA6B)H5JG?]!"<)`I(42<@S!$VA)&042"CPTJ$X3LR, M:)37QI:&-4"PJ$-,D$H'N#`SAWB1(&B9SA/=%<4Z(4V#5OR/Q);TB3/D0`G' MN16"N-,'F#UE`UU`Q4(..9#5AX$FID"$AI!3(H0;@M]4$JR!':R1)`/&KQ-&+CZNB1+^&HH98_$%@/\E" M+QUDAH.0,@ZW$H"<8G&@`9QO('X$`&J"%*#@3$!_:U15*G;``S9,0C'D%%@4 M$L+_"D2880L?<-`2:)86!V`L)`1H@[-"TH`80`$&FJ20%$4AG;?59``.R*A& M%;2D/?S@()I$$,$@DHA`:N`+!0$<%%8*!2L$`I(#\<,+(N"`"E!`93AFAA!$/DB!X(0P0[@((@F8@#%MQP MSH@@X@-=B"I'I/DD'1@A#7780R0J,8I1K"(6I&BK)R2AB$D,A!`$%S'&242`8@1-`)5G0'(9U`5'$%U^PF%O&R`*B^6$#4_Y@B4@/8GA5"LDZ+ MI,)CFCU,)`1RB0UL(`R9`^UK.2>3D#A@:DL%`/R*(T'9,0<`:DF(*9RH'^K4 M("0CW$@I)'"#X`Y%#Q%!J$8URIU&J2*,`(@`$J,+OP#8][X&B.!`_A"I]+@A M)*5U2+HB)0!!>.2:(BD``TA0A"0(X<%#4((:]C`*W@!@`D-=*<06F(DB<51Y M`,"`B$>L@L+F99S!T:"HE+)<*H1$.6X1A!%#0@&._"^FO]GOKZ8`8NK.$0`0 MF&\;K6`0[-TK./LDR(TY@IS_](D@HKA`41^R9+^NCR">4LITY=>AW%U9=C"` M)"22`@'K+4H44WB#'&K0U8MD@GI;+'K!9*D,@`>H;6U6GO)`5@R_N^$M%JH5 MR!]6,X$0:2)Z`&A`%02!"3G`X#PTP%)H,00#%FABDAAY!!RVZHBF.F2]H%80 M(#)ZP(.((@.6B44%[LMJ^PJ$!0X@RT!488*,XC06<+B`$0G`@MENS`&1'H@4 )H!`%&\PY(``[ ` end