Duke Energy's new 2 GWs of US data centers to include minimum take agreements, CFO says
NEW YORK, Nov 7 (Reuters) -Duke Energy will include take-or-pay provisions in its agreements for two new gigawatts of U.S. data centers in its territory, as the utility continues to hammer out details of its power agreements with the businesses, Duke's chief financial officer told Reuters on Thursday.
Contracts for data centers and other customers with power demand at a single site of more than 100 megawatts would require payments for a minimum amount of electricity regardless of usage, CFO Brian Savoy said, adding that any agreements would need to be approved by regulators.
Reporting by Laila Kearney
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