A new meaning to restoration: Duke Energy, Tampa Electric come together with state, local agencies to plant nearly 700 mangroves at two shorelines in Hillsborough and Pinellas counties
Rhea-AI Summary
Duke Energy Florida (NYSE: DUK) and Tampa Electric have joined forces with state and local agencies to plant nearly 700 mangroves at two shorelines in Hillsborough and Pinellas counties. This collaborative environmental restoration project aims to protect Tampa Bay's ecosystems and increase regional resilience. Over 40 volunteers, employees, and experts from various organizations participated in planting red and black mangroves at EG Simmons Regional Park and Keystone/Carlton Road.
The initiative highlights the importance of mangrove ecosystems in reducing coastal erosion, improving water quality, and providing habitat for wildlife. The mangroves were supplied by CCA Florida and the Duke Energy Crystal River Mariculture Center, which has released nearly 5 million fish and crustaceans along Florida's coasts and donated approximately $200,000 worth of aquatic vegetation for habitat restoration projects.
Positive
- Collaboration between utilities and environmental agencies for ecosystem protection
- Planting of 700 mangroves to enhance coastal resilience and environmental health
- Duke Energy Crystal River Mariculture Center's contribution to Florida's fish populations and habitats
Negative
- None.
News Market Reaction – DUK
On the day this news was published, DUK declined 0.98%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Today, more than 40 volunteers, employees and environmental experts from Duke Energy Florida, Tampa Electric, Coastal Conservation Association (CCA)
"Teaming up with our neighboring utilities, governmental leaders and key community organizations to prepare, protect and power our communities is not something new for our company and industry," said Melissa Seixas, Duke Energy Florida state president. "As we've learned from decades of storm response and service, collaboration is essential to addressing our communities' most pressing needs. Today's event is no different. We thank Tampa Electric, CCA Florida,
The two locations, EG Simmons Regional Park and Keystone/Carlton Road in
"This project is a win for the shoreline, a win for our partners, and it reflects our continued commitment to environmental stewardship," said Archie Collins, president and chief executive officer of Tampa Electric. "We are delighted to collaborate with like-minded neighbors – including Duke Energy Florida – to complete this important coastal resilience project."
The mangroves are grown and donated by CCA Florida and the Duke Energy Crystal River Mariculture Center, a company-owned-and-operated environmental restoration and conservation center dedicated to rebuilding and maintaining
More than 30 years ago, the Duke Energy Crystal River Mariculture Center started as an environmental compliance requirement to operate nearby power plants and has since grown into one of
Instead of shutting down the operation when the power plants closed and the environmental requirement was no longer necessary, Eric Latimer, Duke Energy Florida's manager of the Mariculture Center, found ways to work with nonprofits, universities and state agencies, like CCA Florida, among others, to rebuild and maintain
To date, the Mariculture Center, with help from CCA Florida, has released nearly 5 million fish and crustaceans along
For more information about the Duke Energy Crystal River Mariculture Center, click here.
Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy (NYSE: DUK), owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in
Tampa Electric
Tampa Electric, one of
CCA Florida
The Coastal Conservation Association (CCA) was founded in 1977 after drastic commercial overfishing along the
Duke Energy Media Contact: Audrey Stasko
Media line: 800.559.3853
Twitter: @DE_AudreyS
Tampa Electric Media Contact: Cherie Jacobs
Cell: 813.334.7779
Email: CLJacobs@TECOEnergy.com
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SOURCE Duke Energy