May 6, 2011

ASBESTOS UPDATE: Duke Energy Carolinas Has $853M Dec. 31 Reserve

COMPANIES: Duke Energy Carolinas LLC | Duke Energy Corp
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Amounts recognized as asbestos-related reserves related to Duke Energy Corporation’ subsidiary, Duke Energy Carolinas, LLC, totaled US$853 million as of Dec. 31, 2010 and US$980 million as of Dec. 31, 2009.

Duke Energy Carolinas has experienced numerous claims for indemnification and…

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