Hunton Andrews Kurth Represents Duke Energy Indiana, LLC in its $300 Million Issuance of First Mortgage Bonds

Hunton Andrews Kurth LLP advised Duke Energy Indiana, LLC (the Company) on an SEC-registered offering of $300 million aggregate principal amount of First Mortgage Bonds, Series BBBB, 5.25%, due March 1, 2034.

The Company, an Indiana limited liability company and an indirect majority-owned subsidiary of Duke Energy Corporation, is a regulated public utility primarily engaged in the generation, transmission, distribution and sale of electricity in portions of Indiana. The Company’s service area covers approximately 23,000 square miles. The Company supplies electric service to approximately 900,000 residential, commercial and industrial customers. As of December 31, 2023, the Company’s asset portfolio included approximately 6,790 megawatts of owned generation capacity, 5,300 miles of transmission lines and 31,800 miles of distribution lines.

The Hunton Andrews Kurth team included Pete O’Brien, Brendan P. Harney, Reuben H. Pearlman and Monika M. Dziewa. Robert McNamara, William Freeman and Caitlin A. Scipioni provided tax advice.