Duke Energy to help prepare Jeffersonville port site for future development

AERIAL SHOWING ALL MODES

[May 28, 2015]

JEFFERSONVILLE, Ind. – Duke Energy Indiana has selected a 140-acre parcel of land inside the Port of Indiana-Jeffersonville in Clark County for the utility’s 2015 Site Readiness Program.

The Site Readiness Program is a key component of Duke Energy’s economic development model. It identifies, evaluates, and improves sites in the company’s service territory for potential industrial development.

“We see distinct potential for this site to attract businesses that can bring economic growth to this area,” said Lisa Huber, Duke Energy Indiana community relations manager for Clark County. “Helping promote economic development is an important part of our commitment to serving our customers.”

As part of Duke Energy’s evaluation of the Clark County property, site-selection consultant McCallum Sweeney Consulting will conduct a comprehensive assessment. Based on consultant recommendations, Duke Energy will collaborate with Ports of Indiana to develop a strategy for providing water, sewer, natural gas and electricity to the site.

The parties may also recommend road improvements, easements and rights-of-way that would be required to develop the site, as well as steps necessary to mitigate any potential environmental impacts. Banning Engineering will produce final drawings and conceptual site plans.

“The Duke Energy Site Readiness Program reinforces our work to attract new investment that leverages the multi-modal capabilities of the port,” said Scott Stewart, port director. “We appreciate Duke Energy’s partnership and collaboration, and we look forward to seeing the consultant’s suggestions for making this parcel even more attractive to prospective industries.”

The final recommendations from the site consultant will be presented to port officials during the week of Sept. 14. Duke Energy will also present a check for $10,000 to assist the Port in implementing the recommendations.

Other sites selected for the Duke Energy Indiana 2015 Site Readiness Program include properties in Howard, Rush and Vermillion counties.

Ideal properties for Duke Energy’s Site Readiness Program are 60 acres or larger, served by the utility, or a vacant industrial building at least 20,000 square feet identified to support renewed industrial growth and sustainable development in a community.

Duke Energy’s overall economic development program has also been consistently named by Site Selection magazine as one of the nation’s “Top 10 Utility Economic Development Programs.” For more information about Duke Energy Indiana’s economic development programs, visit www.locationindiana.com.

About the Port of Indiana-Jeffersonville
The Port of Indiana-Jeffersonville opened in 1985 and is operated by Ports of Indiana, a statewide port authority operating three ports on the Ohio River and Lake Michigan. Established in 1961, the Ports of Indiana is a self-funded enterprise dedicated to growing Indiana’s economy by developing and maintaining a world-class port system. For more information, visit www.portsofindiana.com.

About Duke Energy
Duke Energy Indiana’s operations provide about 7,500 megawatts of owned electric capacity to approximately 810,000 customers in a 23,000-square-mile service area, making it the state’s largest electric supplier. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at: www.duke-energy.com.

Media contacts:
Port of Indiana-Jeffersonville, Rich Allen, 317.232.9204, rallen@portsofindiana.com
Duke Energy, Lew Middleton, 317.838.1505, lew.middleton@duke-energy.com