Duke Energy M&A Summary
Duke Energy has acquired 12 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 10 assets.
Duke Energy’s largest acquisition to date was in 2012, when it acquired Progress Energy for $32.0B. It’s largest disclosed sale occurred in 2025, when it sold Piedmont Natural Gas Co. to Spire for $2.5B. Duke Energy has acquired in 6 different US states, and 2 countries. The Company’s most targeted sectors include energy services and equipment (25%) and renewable energy (25%).
M&A Summary
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M&A Total Activity22
- M&A Buy Activity12
- M&A Sell Activity10
- Total Sectors Invested 7
- Total Countries Invested 2
- M&A Buy/Sell Connections 19