Duke Energy Progress NC Storm Funding LLC Files 2024 10-K
| Field | Detail |
|---|---|
| Company | Duke Energy Progress Nc Storm Funding LLC |
| Form Type | 10-K |
| Filed Date | Mar 28, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-securities, annual-report, utility
Related Tickers: DUK
TL;DR
Duke Energy Progress NC Storm Funding LLC dropped its 2024 10-K. Debt securities involved.
AI Summary
Duke Energy Progress NC Storm Funding LLC filed its 2024 10-K report on March 28, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The filing pertains to debt securities issued by the LLC, which is part of the Duke Energy Progress, LLC group. Duke Energy Progress, LLC, formerly Carolina Power & Light Co., is involved in electric services.
Why It Matters
This filing provides crucial financial and operational details for investors and stakeholders of Duke Energy Progress NC Storm Funding LLC and its parent company, Duke Energy Progress, LLC, impacting their understanding of the entities' financial health and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard annual report for a debt-issuing entity, not indicating immediate operational or financial distress.
Key Numbers
- 2024 — Fiscal Year (The period covered by the 10-K filing.)
- 20250328 — Filing Date (The date the 10-K was submitted to the SEC.)
Key Players & Entities
- Duke Energy Progress NC Storm Funding LLC (company) — Filer of the 10-K report
- Duke Energy Progress, LLC (company) — Parent company, involved in electric services
- Carolina Power & Light Co. (company) — Former name of Duke Energy Progress, LLC
- 2024-12-31 (date) — Fiscal year end
- 20250328 (date) — Filing date
FAQ
What is the primary business of Duke Energy Progress NC Storm Funding LLC?
Duke Energy Progress NC Storm Funding LLC is an entity that issues debt securities, as indicated by its filing type and SIC code for Asset-Backed Securities.
When did Duke Energy Progress NC Storm Funding LLC file its annual report?
Duke Energy Progress NC Storm Funding LLC filed its 10-K report on March 28, 2025.
What is the fiscal year end for Duke Energy Progress NC Storm Funding LLC?
The fiscal year end for Duke Energy Progress NC Storm Funding LLC is December 31, 2024.
What is the relationship between Duke Energy Progress NC Storm Funding LLC and Duke Energy Progress, LLC?
Duke Energy Progress, LLC is listed as a filer with a Central Index Key of 0000017797, and Duke Energy Progress NC Storm Funding LLC is associated with it, suggesting a parent-subsidiary or related entity relationship.
What were the previous names of Duke Energy Progress, LLC?
Duke Energy Progress, LLC was formerly known as Duke Energy Progress, Inc. and prior to that, Carolina Power & Light Co.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 28, 2025 regarding Duke Energy Progress NC Storm Funding LLC.