Item 2. PROPERTIES

ELECTRIC UTILITIES AND INFRASTRUCTURE

The following table provides information related to the EU&I's generation stations as of December 31, 2025. The MW displayed in the table below are based on winter capacity for Fossil, Nuclear and Hydro generation stations, and nameplate capacity for Renewable generation stations. Ownership interest in all facilities is 100% unless otherwise indicated.


				Owned MW
Facility	Plant Type	Primary Fuel	Location	Capacity
Duke Energy Carolinas
Oconee	Nuclear	Uranium	SC	2,688
McGuire	Nuclear	Uranium	NC	2,386
Catawba(a)	Nuclear	Uranium	SC	600
Belews Creek	Fossil	Coal/Gas	NC	2,220
Marshall	Fossil	Coal/Gas	NC	2,078
Lincoln CT	Fossil	Gas/Oil	NC	1,907
J.E. Rogers	Fossil	Coal/Gas	NC	1,395
Rockingham CT	Fossil	Gas/Oil	NC	895
Mill Creek CT	Fossil	Gas/Oil	SC	751
Buck CC	Fossil	Gas	NC	718
Dan River CC	Fossil	Gas	NC	718
W.S. Lee CC(b)	Fossil	Gas	SC	709


W.S. Lee CT	Fossil	Gas/Oil	SC	96
Clemson CHP	Fossil	Gas	SC	15
Bad Creek	Hydro	Water	SC	1,640
Jocassee	Hydro	Water	SC	780
Cowans Ford	Hydro	Water	NC	324
Keowee	Hydro	Water	SC	152
Other small facilities (18 plants)	Hydro	Water	NC/SC	584
Utility-Scale Solar (seven sites)	Renewable	Solar	NC	170
Battery Storage (two sites)	Renewable	Storage	NC	75
Total Duke Energy Carolinas				20,901


				Owned MW
Facility	Plant Type	Primary Fuel	Location	Capacity
Duke Energy Progress
Brunswick	Nuclear	Uranium	NC	1,928
Harris	Nuclear	Uranium	NC	1,009
Robinson	Nuclear	Uranium	SC	793
Roxboro	Fossil	Coal	NC	2,462
Smith CC	Fossil	Gas/Oil	NC	1,250
H.F. Lee CC	Fossil	Gas/Oil	NC	1,054
Smith CT	Fossil	Gas/Oil	NC	1,000
Wayne County CT	Fossil	Gas/Oil	NC	975
Mayo	Fossil	Coal	NC	713
L.V. Sutton CC	Fossil	Gas/Oil	NC	709

Asheville CC	Fossil	Gas/Oil	NC	595
Asheville CT	Fossil	Gas/Oil	NC	370
Darlington CT	Fossil	Gas/Oil	SC	262
Weatherspoon CT	Fossil	Gas/Oil	NC	164
L.V. Sutton CT	Fossil	Gas/Oil	NC	97
Blewett CT	Fossil	Oil	NC	68
Walters	Hydro	Water	NC	112
Other small facilities (three plants)	Hydro	Water	NC	116
Utility-Scale Solar (six sites)	Renewable	Solar	NC	226
Battery Storage (four sites)	Renewable	Storage	NC	165


Total Duke Energy Progress				14,068


PROPERTIES


				Owned MW
Facility	Plant Type	Primary Fuel	Location	Capacity
Duke Energy Florida
Hines CC	Fossil	Gas/Oil	FL	2,168
Citrus County CC	Fossil	Gas	FL	1,854
Crystal River	Fossil	Coal	FL	1,442
Bartow CC	Fossil	Gas/Oil	FL	1,259
Intercession City CT	Fossil	Gas/Oil	FL	1,126
Anclote	Fossil	Gas	FL	1,025
DeBary CT	Fossil	Gas/Oil	FL	661
Osprey CC	Fossil	Gas/Oil	FL	638
Tiger Bay CC	Fossil	Gas/Oil	FL	230
Bartow CT	Fossil	Gas/Oil	FL	212
Suwannee River CT	Fossil	Gas	FL	194
Bayboro CT	Fossil	Oil	FL	139


University of Florida CoGen CT	Fossil	Gas	FL	50

Utility-Scale Solar (30 sites)	Renewable	Solar	FL	1,712

Battery Storage (seven sites)	Renewable	Storage	FL	55


Total Duke Energy Florida				12,765


				Owned MW
Facility	Plant Type	Primary Fuel	Location	Capacity
Duke Energy Ohio
East Bend	Fossil	Coal	KY	600
Woodsdale CT	Fossil	Gas/Propane	OH	564
Distributed generation (four sites)	Renewable	Solar	KY	9
Total Duke Energy Ohio				1,173


				Owned MW
Facility	Plant Type	Primary Fuel	Location	Capacity
Duke Energy Indiana
Gibson(c)	Fossil	Coal	IN	2,845
Cayuga(d)	Fossil	Coal/Oil	IN	1,015
Madison CT	Fossil	Gas	OH	704
Edwardsport	Fossil	Coal/Gas	IN	578
Wheatland CT	Fossil	Gas	IN	520
Vermillion CT(e)	Fossil	Gas	IN	477

Noblesville CC	Fossil	Gas/Oil	IN	310
Henry County CT	Fossil	Gas/Oil	IN	141
Cayuga CT	Fossil	Gas/Oil	IN	110


Purdue CHP	Fossil	Gas	IN	16
Markland	Hydro	Water	IN	54

Distributed generation (six sites)	Renewable	Solar	IN	21
Battery Storage (three sites)	Renewable	Storage	IN	15


Total Duke Energy Indiana				6,806


PROPERTIES


															Owned MW
Totals by Type															Capacity

Totals by Plant Type
Nuclear															9,404
Fossil															40,099
Hydro															3,762
Renewable															2,448
Total Electric Utilities															55,713

(a)Jointly owned with North Carolina Municipal Power Agency Number 1, NCEMC and PMPA. Duke Energy Carolinas' ownership is 19.25% of the facility.

(b)Jointly owned with NCEMC. Duke Energy Carolinas' ownership is 87.27% of the facility.

(c)Duke Energy Indiana owns and operates Gibson Station Units 1 through 4 and is a joint owner of unit 5 with WVPA and IMPA. Duke Energy Indiana operates unit 5 and owns 50.05%.

(d)Includes Cayuga Internal Combustion.

(e)Jointly owned with WVPA. Duke Energy Indiana's ownership is 62.5% of the facility.

The following table provides information related to EU&I's electric transmission and distribution properties as of December 31, 2025.


		Duke	Duke	Duke	Duke	Duke
	Duke	Energy	Energy	Energy	Energy	Energy
	Energy	Carolinas	Progress	Florida	Ohio	Indiana
Electric Transmission Lines
Miles of 500 to 525 kilovolt (kV)	1,100	600	300	200	—	—
Miles of 345 kV	1,100	—	—	—	400	700
Miles of 230 kV	8,700	2,700	3,400	1,900	—	700
Miles of 100 to 161 kV	12,700	6,900	2,600	1,100	700	1,400
Miles of 13 to 69 kV	8,300	2,900	—	2,300	600	2,500
Total conductor miles of electric transmission lines	31,900	13,100	6,300	5,500	1,700	5,300
Electric Distribution Lines
Miles of overhead lines	169,600	65,300	44,000	25,200	13,300	21,800
Miles of underground line	118,500	45,700	31,400	24,500	6,700	10,200
Total conductor miles of electric distribution lines	288,100	111,000	75,400	49,700	20,000	32,000
Number of electric transmission and distribution substations	3,000	1,300	500	400	300	500

Substantially all of EU&I's electric plant in service is mortgaged under indentures relating to Duke Energy Carolinas’, Duke Energy Progress', Duke Energy Florida's, Duke Energy Ohio’s and Duke Energy Indiana’s various series of First Mortgage Bonds.

GAS UTILITIES AND INFRASTRUCTURE

GU&I owns transmission pipelines and distribution mains that are generally underground, located near public streets and highways, or on property owned by others for which Duke Energy Ohio and Piedmont have obtained the necessary legal rights to place and operate facilities on such property located within the GU&I service territories. The following table provides information related to GU&I's natural gas distribution as of December 31, 2025.


		Duke
	Duke	Energy
	Energy	Ohio	Piedmont
Miles of natural gas distribution and transmission pipelines	36,400	7,700	28,700
Miles of natural gas service lines	29,800	6,900	22,900

OTHER

Duke Energy owns approximately 7.5 million square feet and leases approximately 1.8 million square feet of corporate, regional and district office space spread throughout its service territories. See Note 11, "Property, Plant and Equipment," for further information.


LEGAL PROCEEDINGS AND MINE SAFETY DISCLOSURES

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