Duke Energy awarded $4.9M judgment for withdrawn solar project

SunEnergy1 and its CEO, Kenny Habul, have agreed to repay Duke Energy Renewables $4.9 million of a $10.5 million deposit the utility made on a 60-megawatt solar project of which it opted out. Habul says the money is now being repaid. He has not contested the claim, saying he signed a confession of judgment for Duke as part of a contractual agreement in the project. Duke Renewables, a commercial subsidiary of Duke Energy Corp. (NYSE: DUK), filed for a judgment in Mecklenburg Superior Court against…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/11/14/duke-energy-awarded-4-9m-judgment-for-withdrawn.html?ana=RSS&s=article_search