Charlotte-based Duke Energy, one of the biggest energy companies in the country, is is looking to expand its international business.
Duke CEO James Rogers told Bloomberg News that the company is building a hydroelectric power plant in Brazil and boosting power output in Peru. The company wants to create business partnerships with Chinese energy companies to scale larger projects.
Duke has power operations in Argentina, Brazil, Ecuador, El Salvador, Guatemala and Peru. Latin America accounts for nearly 11.5 percent of the company's total electricity generating capacity of 35,000 megawatts. The assets are a mix of hydroelectric, natural gas, diesel and fuel oil.