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Duke Energy buys majority stake in California solar developer

2015-02-09 17:00:24| Energy - Topix.net

The majority-stake sale to Duke is the first major move by REC Solar since CEO Al Bucknam took over the company in October. Duke Energy Renewables plans to invest $225 million over the next several years in building and operating solar projects for commercial customers after purchasing a majority stake in California solar company.

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