Two developers have secured provisional offshore wind lease areas off the US state of North Carolina, as the government accelerates its push to deploy 30 GW of offshore capacity by 2030.
Duke Energy will buy Piedmont Natural Gas in a $4.9billion deal as it looks to expand its natural gas distribution business.
The company offered $60 in cash for each Piedmont share representing a premium of around 42%.
Duke and Piedmont are also among the partners in the $5 billion 550-mile Atlantic Coast pipeline, which moves gas from Pennsylvania's Marcellus shale field to North Carolina and Virginia.
AGL resources also has a 5 percent stake in the pipeline.
