Hunton Andrews Kurth LLP Represents Duke Energy Indiana, LLC in its $500 Million Issuance of First Mortgage Bonds

Hunton Andrews Kurth LLP advised Duke Energy Indiana, LLC (the Company) on an SEC-registered offering of $500 million aggregate principal amount of First Mortgage Bonds, Series AAAA, 5.40%, due April 1, 2053.

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 890,000 residential, commercial and industrial customers. As of December 31, 2022, the Company’s asset portfolio included approximately 6,346 megawatts of owned generation capacity, 5,300 miles of transmission lines and 31,900 miles of distribution lines.

The Hunton Andrews Kurth team included Pete O’Brien, Brendan P. Harney, Matthew Hayes, Reuben Pearlman and Thomas C. White. Robert J. McNamara and Tim Strother provided tax advice.