Duke Energy’s Mission: To create shareholder value through superior capabilities in the production, delivery and sale of energy-related products and services for our customers worldwide.
  Our traditional, regulated businesses are changing, and we are increasingly active in more competitive businesses — with greater opportunities for growth, but greater volatility also. This evolution of our business mix parallels an evolution of our investors’ expectations.

  A keystone of our strategy and the engine of our continued growth and evolution, will be our financial strength. Financial strength is critical because:
Duke Energy Power Services will seek opportunities in the U.S. and Canada to develop, own and operate electric generation projects.
Duke Energy International will continue to focus on such markets as Asia and Latin America to develop, own and operate energy projects.
Duke Energy Field Services has invested more than $1 billion during this decade in expanding its system and will continue to develop this asset in offering integrated energy services.
Duke Energy Industrial Asset Development was launched in 1997 to develop, own, manage and operate on-site electric generation and energy conversion facilities for industrial customers in the U.S. and Canada. We will also invest in assets and projects to enhance products and services for our existing customers.


The power generation facilities serving PT Freeport Indonesia in Irian Jaya comprise a unique large-scale, industrial "inside-the-fence" operation serving gold and copper mining and milling operations.
How Duke Energy’s financial strength served an important customer.
  Since 1994 Duke/Fluor Daniel International has performed operations and maintenance services for generation facilities serving PT Freeport Indonesia mining and milling operations in Irian Jaya, Indonesia. In 1996 we began engineering, procurement and construction of a three-unit, 195-MW coal-fired station and transmission facilities to serve the site. In 1997 a consortium led by Duke Energy International purchased the facilities under construction. For the customer, this frees capital for the core business. For Duke Energy, it expands an asset base that can be integrated with operations, maintenance, fuel procurement and other services. With its financial strength, Duke Energy serves PT Freeport Indonesia from operations to ownership.
 
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