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Duke Energy, Norwegian fund in talks that could salvage $420M investment

2015-06-13 10:32:20| Energy - Topix.net

Duke Energy and some other U.S. power companies may qualify for some caveats allowed in Norway's plan to divest its pension funds from companies that get at least 30 percent of their revenue from coal operations. Duke spokesman Dave Scanzoni says the Charlotte-based power giant have been in contact with representatives of Norges Bank, which administers the $420 million-plus Norwegian investment in Duke, about the new measure.

Tags: energy investment fund talks

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