In case you missed it, WRAL is reporting that Duke Energy disclosed negotiations with the U.S. Attorney’s Office in Raleigh for a possible $100 million settlement of the pending coal ash criminal investigation that office is conducting.
The details were contained in an earnings report filed Wednesday with the Securities and Exchange Commission.
“We believe we are close to an agreement that, if approved by the court, would resolve the U.S. government’s ongoing grand jury investigation into the February 2014 Dan River coal ash spill and ash basin operations at other North Carolina coal plants,” Chief Executive Lynn Good said in a news release to announce its 2014 earnings.
The release said the proposed agreement “could be reached and filed in the next several days for consideration by the court.”
Duke has set aside $100 million “related to the company’s assessment of probable financial exposure related to any agreement,” the release said.
Not surprisingly and likely not happy about Duke Energy getting out ahead of any official announcement, U.S Attorney Thomas Walker issued his own statement: “No comment.”