Clean Power Finance announces growth equity investment from Duke Energy

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Clean Power Finance (CPF) announced Duke Energy, the large electric power holding company in the U.S., as its latest strategic growth equity investor. Duke joins existing CPF equity investors Edison International and two unnamed utility holding companies.

“There are a number of ways CPF helps power companies invest in and profit from distributed solar," said Nat Kreamer, chief executive officer of Clean Power Finance. "Duke's investment is a vote of confidence in our business and the future of distributed solar."

As part of its ongoing efforts to educate electric utilities about the value and benefits of distributed solar, CPF will present a joint webinar with SEPA (the Solar Electric Power Association) on August 8 at 2:00 p.m. ET. The webinar will inform SEPA utility members and non-members about how they can invest in distributed solar generation as well as benefit from distributed solar operating on their grids.

"Many electric utilities do not know how they can take advantage of third party owned distributed solar," said Kreamer. "CPF is educating the power industry about distributed solar’s economic and physical advantages."