Hunton Andrews Kurth LLP Represents Duke Energy Indiana, LLC, in Its $550 Million Issuance of First Mortgage Bonds

Hunton Andrews Kurth LLP advised Duke Energy Indiana, LLC (the Company) on an SEC-registered offering of $550 million aggregate principal amount of First Mortgage Bonds, Series ZZZ, 2.75%, due April 1, 2050.

The Company, an indirect wholly owned subsidiary of Duke Energy Corporation, generates, transmits, distributes and sells electricity in portions of Indiana. The Company’s service area covers approximately 23,000 square miles and supplies electric service to approximately 850,000 residential, commercial and industrial customers. As of December 31, 2019, the Company’s asset portfolio included approximately 6,623 megawatts of owned generation capacity, 5,335 miles of transmission lines and 31,300 miles of distribution lines.

The Hunton Andrews Kurth team included Pete O’Brien, Christina Kwon and Brendan P. Harney. Robert J. McNamara and Tim Strother provided tax advice.