---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-070360"
form_type: "8-K"
ticker: "DUK"
cik: "0001326160"
company_name: "Duke Energy CORP"
filed_at: "2023-06-12T23:59:59+00:00"
generated_at: "2026-06-14T02:46:34.332977+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Duke Energy sells utility-scale renewables to Brookfield for $2.8B; expects $1.1B net, $800M impairment

## Summary
- Sale of utility-scale solar and wind portfolio (3.4 GW net) to Brookfield Renewable for ~$2.8B enterprise value, including debt and tax equity.
- Expected net proceeds ~$1.1B subject to closing adjustments; proceeds will be used to avoid holding company debt issuances.
- Pre-tax impairment charge of ~$800M in Q2 2023, classified in discontinued operations.
- Reaffirms 2023 adjusted EPS guidance $5.55-$5.75 and long-term 5-7% EPS growth through 2027; no planned equity through 2027.
- Sale expected to close by end of 2023, subject to FERC and HSR approvals; separate distributed energy business sale also expected by year-end.

## SEC filing metadata
- accession: 0001104659-23-070360
- form_type: 8-K
- ticker: DUK
- cik: 0001326160
- company_name: Duke Energy CORP
- filed_at: 2023-06-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.06, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326160/000110465923070360/0001104659-23-070360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326160/000110465923070360/tm2317976d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-070360
- JSON: https://secwatch.observer/filing/0001104659-23-070360.json
- Plain text: https://secwatch.observer/filing/0001104659-23-070360.txt

## Key facts
- Restructurings & Charges
  Duke Energy CORP announced a impairment with charges of approximately $800 million affecting Company’s Commercial Renewables business segment, utility-scale solar and wind group.
  - Type: impairment
  - Charge: approximately $800 million
  - Affected area: Company’s Commercial Renewables business segment, utility-scale solar and wind group
  source text: Duke Energy expects to recognize an estimated pre-tax impairment charge on the Assets Held for Sale of approximately $800 million in the second quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326160/000110465923070360/0001104659-23-070360-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.