Replies to post #362 on Duke Energy Corp (DUK)

[Timothy Smith]

Duke Energy (DUK +0.2%) says it has reached a deal with North Carolina's Department of Environmental Quality to pay $7M to resolve claims related to groundwater problems at its coal ash facilities in the state.

North Carolina says the agreement also will trigger accelerated remediation estimated to cost an additional $10M-$15M for the company.

DUK had been facing fines of $25M for groundwater issues at its plant in Wilmington, N.C.