Frontier Windpower II: Duke Energy Renewables

Contact: Jennifer Garber Office: 980.373.0668 | 24-Hour: 800-559-3853

Duke Energy Renewables – Frontier Windpower II

Kay County, Oklahoma

Duke Energy Renewables, a commercial business unit of Duke Energy (NYSE: DUK), announced full mobilization for construction of Frontier Windpower II in Kay County, Oklahoma on July 24, 2019. The project will be fully operational by December 2020.

Frontier Windpower II project details: • Wind power customers* – AT&T and Ball Corporation • Total project megawatts – 350 • Number of turbines – 74 4.8-MW Nordex wind turbines • Power – project will produce enough energy to power approximately 123,000 average homes • Job creation – approximately 250 jobs during peak construction • Landowner participation – approximately 50 landowners covering over 12,000 acres • Local benefits –Significant tax payments to the local schools and county plus meaningful landowner lease payments during operations

AT&T ’s Investment in the Frontier Windpower II Project

Through a 15-year virtual power purchase agreement for a portion of the energy generated by the Frontier II project, AT&T’s investment equates to:

• 160 megawatts of wind energy • Over 33 wind turbines

• Over 110 construction jobs during peak construction

Duke Energy Corporation | P.O. Box 1009 | Charlotte, NC 28201-1009 | www.duke-energy.com

Duke Energy Renewables

Duke Energy Renewables, a nonregulated unit of Duke Energy, operates wind and solar generation facilities across the U.S., with a total electric capacity of 3,000 megawatts. The power is sold to electric utilities, electric cooperatives, municipalities, and commercial and industrial customers. The unit also operates energy storage and microgrid projects. Visit Duke Energy Renewables for more information.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, in addition to Duke Energy Renewables’ capacity.

Duke Energy is transforming its customers’ experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves.

Duke Energy was named to Fortune’s 2019 “World’s Most Admired Companies” list, and Forbes’ 2019 “America’s Best Employers” list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.