CHARLESTON (July 25, 2023)—energyRe today announced a 25-year power purchase agreement (PPA) with Duke Energy as part of the utility’s 2022 Solar Procurement Program. energyRe’s PPA will provide a cost-effective clean energy resource for meeting customer demand on the Duke Energy system while also resulting in significant local economic investment.

“energyRe is proud to lead an American energy transition that empowers our communities with reliable clean energy and opportunities for robust regional economic growth,” said Ryan Brown, COO of energyRe. “This agreement builds on our successful track record of delivering real results for communities, families, and businesses across the Southeastern United States.”

About energyRe
energyRe, LLC is a leading independent clean energy company solving complex challenges and providing clean energy solutions in utility-scale offshore and onshore wind and solar generation, energy storage, transmission, and distributed generation. energyRe's founding investors include principals of Related Companies, one of the nation's most prominent privately-owned real estate firms and one of the country's largest creators and preservationists of affordable housing. energyRe is led by an experienced executive management team and is guided by the values of community engagement, government partnership, and a demonstrated commitment to sustainability. energyRe has offices in New York, Houston, Indianapolis, and Charleston. For more information about energyRe, visit www.energyre.com.

Media Contact:
Amy Varghese
amy.varghese@energyre.com