Duke Energy (NYSE: DUK) said Wednesday it had completed repairs to underground equipment in Moore County, North Carolina, which was damaged by gunfire and caused a power outage, and the company now expects power to be restored. by tonight.
Less than 20K homes and businesses remain without power in the province, down from a peak of more than 45K customers who lost power due to the violence last week.
The FBI has launched an appeal to the public to help identify the suspect.
Moore County Chairman Nick Picerno described the area where the threat was the largest, ~75% of the size of a football field, which means that whoever was responsible “knew where to shoot to cause a slow leak in the transformer, which it let out a gas. oil so he would have time to get out and escape before anyone noticed.”
Duke Energy (DUK) has seen “unsustainable” earnings for years as the move to renewables has led to an increase in total debt, The Value Investor wrote in a recently published analysis on Seeking Alpha.