As of 4 p.m. on Sunday, January 25, Duke Energy reported 18,016 customers without power across North Carolina and South Carolina, with total outages expected to rise as ice‐covered trees and limbs threaten additional damage. Lineworkers have restored power to 24,864 customers to date and are employing self‐healing grid technology to reroute electricity around damaged equipment. Hazardous road conditions have delayed access to some areas, but crews are staged statewide—supported by more than 18,000 lineworkers, vegetation specialists and damage assessors—and will deploy tracked vehicles, drones and helicopters when conditions permit. The utility warns that outages could persist for several days and will provide estimated restoration times as damage assessments conclude.

In the third quarter, Commerzbank Aktiengesellschaft FI trimmed its holdings of Duke Energy shares by 8.6%, selling 6,054 shares and reducing its position to 64,583 shares valued at approximately $7.99 million at the time of filing. This move follows a broader pattern of portfolio adjustments among hedge funds: Trifecta Capital Advisors LLC increased its position by over 2,200% to 310 shares, and Anfield Capital Management LLC expanded its stake by more than 2,600% to 325 shares. Overall, institutional investors and hedge funds collectively own 65.31% of Duke Energy’s outstanding shares, a level that could influence voting outcomes on capital allocation and dividend policy.

Ahead of Winter Storm Fern, the Duke Energy Foundation announced a rapid response grant of $100,000 to support American Red Cross relief efforts in North Carolina and South Carolina. Funds will strengthen local warming shelters, purchase emergency blankets and supplies, and assist community-run shelters serving financially vulnerable populations. The Foundation, which deploys over $30 million annually in philanthropic support funded by Duke Energy shareholders, aims to complement the company’s grid restoration operations by ensuring residents have access to safe, warm spaces and critical resources during sustained cold temperatures.