- Duke Energy (NYSE:DUK) has invited Brookfield Asset Management (NYSE:BAM), French utility Engie (OTCPK:ENGIY) and electricity generator China Three Gorges to submit binding bids for its Latin American power assets, Bloomberg reports.
- DUK has said it hopes to sell ~4,400 MW of generating capacity in Central and South America, which could fetch ~$2B; binding offers for the assets reportedly are due by end of this month.
- CEO Lynn Good tells Bloomberg that DUK has started a detailed due diligence process with a smaller group of potential buyers and aims to announce a deal by year-end.