UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 


 

Date of Report (Date of earliest event reported): January 28, 2014

 

Commission file
number

 

Registrant, State of Incorporation or Organization,

Address of Principal Executive Offices, and Telephone Number

 

IRS Employer
Identification No.

 

 

 

 

 

 

1-32853

 

DUKE ENERGY CORPORATION

(a Delaware corporation)

550 South Tryon Street

Charlotte, North Carolina 28202-1803

704-382-3853

 

20-2777218

 

 

 

 

 

1-3274

 

DUKE ENERGY FLORIDA, INC.

(a Florida corporation)

299 First Avenue North

St. Petersburg, Florida 33701

704-382-3853

 

59-0247770

 

 

 (Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

 

 

 



 

Item 1.02.  Termination of a Material Definitive Agreement.

 

On January 28, 2014, Duke Energy Florida, Inc. (“DEF”), a wholly-owned subsidiary of Duke Energy Corporation, terminated the Engineering, Procurement and Construction Agreement dated December 31, 2008 between DEF and a consortium consisting of Westinghouse Electric Company LLC and Stone & Webster, Inc.  (together, the “Contractor”), for two Westinghouse AP1000 nuclear units to be constructed in Levy County, Florida (the “EPC Agreement”).

 

Under the terms of the EPC Agreement, the Contractor was to provide design, engineering, procurement, and construction services for two 1,105 net megawatt nuclear electric-generating units.  DEF does not expect to incur a termination fee under the EPC Agreement but may be required to pay certain costs to the Contractor for work performed and to bring existing work to an orderly conclusion, including but not limited to, costs to demobilize and cancel certain equipment and material orders placed.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

DUKE ENERGY CORPORATION

 

 

 

 

 

 

Date: January 28, 2014

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President, Chief Legal Officer and Corporate Secretary

 

 

 

Duke Energy Florida, Inc.

 

 

 

 

 

 

Date: January 28, 2014

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President, Chief Legal Officer and Corporate Secretary

 

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