Four Indiana counties selected for Duke Energy’s 2021 Site Readiness Program to spur economic development, jobs

• Carroll, Clark, Posey, Tippecanoe counties chosen.

PLAINFIELD, Ind. - If a community or region wants to improve and grow its economy, it takes a long-term, dedicated effort by a team of people who are committed to doing what it takes to make that growth a reality.

So again this year, Duke Energy Indiana has selected four communities to participate in the company's 2021 Site Readiness Program to identify, evaluate and improve locations in its 69-county service territory for potential industrial development. The economic development organizations involved will each receive $10,000 from Duke Energy to help implement the recommendations.

The four locations are:

• An 89.90-acre site in Camden (Carroll County).
  
• A 175-acre site in Charlestown (Clark County).
  
• A 46.5-acre site in Poseyville (Posey County).
  
• A 150-acre site in West Lafayette (Tippecanoe County).

'Economic development is a team sport,' said Erin Schneider, Indiana director of economic development for Duke Energy. 'So, we work closely over the long term with our local and regional economic development partners to help bring about lasting economic improvements for each community.'

A nationally recognized site selection firm, Site Selection Group (SSG), will evaluate and make specific recommendations for further developing the sites for business attraction. In addition to the conceptual drawings for all four sites, Banning Engineering of Plainfield will review and present its recommendations for the sites located in Carroll and Posey counties.

At the conclusion of the program, SSG and Banning will present their findings for each site - including conceptual drawings - to local economic development officials.

After each site's state of readiness has advanced, Duke Energy's business development team will strategically market those sites nationwide to companies looking to expand or relocate their operations.

Ideal properties for Duke Energy's Site Readiness Program are typically 40 acres or larger, served by the utility, or a vacant industrial building of at least 20,000 square feet identified to support renewed industrial growth and sustainable development in a community.

Duke Energy Indiana's overall economic development program has been consistently named by Site Selection magazine as one of the nation's 'Top 10 Utility Economic Development Programs.' Since 2008, the company has been part of state and community efforts to help secure more than 31,000 job commitments and a total capital investment of more than $7.5 billion.

For more information about Duke Energy Indiana's economic development programs, visit locationindiana.com.

About Duke Energy

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,600 megawatts of owned electric capacity to approximately 840,000 customers in a 23,000-square-mile service area, making it Indiana's largest electric supplier.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, and 3,000 megawatts through its nonregulated Duke Energy Renewables unit.

Media contact: Lew MiddletonCell: 317.474.7448Media line: 800.559.3853

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