Duke Energy Florida, Coastal Conservation Association Florida sign collaborative agreement to preserve Florida's natural resources

Rhea-AI Summary

Duke Energy Florida and Coastal Conservation Association Florida (CCA Florida) have signed a new collaborative agreement to continue environmental protection efforts in Florida. Duke Energy is providing an additional $100,000 to support CCA Florida's conservation initiatives.

The partnership, which began in 2017, has achieved significant milestones through Duke Energy's Crystal River Mariculture Center, including the release of over 5.3 million fish and crustaceans along Florida's coast and the planting of 40 million clams in the Indiana River Lagoon. The center has also planted more than 100,000 eelgrass, mangroves, and marsh grass.

The renewed agreement focuses on restocking fish species, habitat restoration, and protecting Florida's natural resources, demonstrating both organizations' commitment to environmental stewardship and sustainable marine ecosystems.

Positive

• Partnership demonstrates environmental commitment, potentially enhancing corporate reputation
• Successful track record of environmental initiatives through Crystal River Mariculture Center

Negative

• None.

News Market Reaction

+0.48%

1 alert

+0.48% News Effect

On the day this news was published, DUK gained 0.48%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

• Company donates additional $100,000 to support Coastal Conservation Association Florida preservation efforts
• More than 5.3 million fish, crustaceans raised and released; more than 100,000 eelgrass, mangroves, and marsh grass grown and planted

ST. PETERSBURG, Fla., Jan. 23, 2025 /PRNewswire/ -- Today, Duke Energy Florida and Coastal Conservation Association Florida (CCA Florida) announced the organizations signed a joint agreement to continue efforts to protect the state's environmental resources.

Additionally, Duke Energy Florida is providing $100,000 to CCA Florida to ensure CCA Florida can increase its conservation efforts across the Sunshine State.

CCA Florida, the state's leading organization dedicated to marine fisheries and conservation, education and advocacy, first established a relationship with the company in 2017 with a shared vision of responsible environmental stewardship.

This new agreement solidifies a continued commitment to work together in Florida's communities to restocking and culturing fish species, restoring habitats and protecting the overall health of the state's natural resources.  

"CCA Florida is focused on improving and creating sustainable fisheries, coastal habitats and water quality in Florida," CCA Florida Executive Director Brian Gorski said. "Today's announcement extends our commitment with Duke Energy Florida and our mutual dedication to protecting Florida's marine habitat for today and generations to come."

Duke Energy Florida's Crystal River Mariculture Center has been in operation for more than 30 years, establishing itself as one of Florida's most successful hatcheries. Together with CCA Florida, it has released more than 5.3 million fish and crustaceans along Florida's coast. The Mariculture Center's aquatic habitat restoration initiatives planted 40 million clams in the Indiana River Lagoon and more than 100,000 eelgrass, mangroves and marsh grass.  

"Duke Energy Florida values environmental stewardship and the important benefits it provides to the communities we serve," Melissa Seixas, Duke Energy Florida state president said. "This new agreement with CCA Florida demonstrates our commitment to preserving Florida's habitat and restoring precious natural resources."

About CCA Florida

The Coastal Conservation Association (CCA) was founded in 1977 after drastic commercial overfishing along the Texas coast decimated redfish and speckled trout populations. One of 19 state chapters, CCA Florida became the fifth state chapter in 1985. A 501(c)3 nonprofit, the purpose of CCA is to advise and educate the public on conservation of marine resources. Through habitat restoration projects, water quality initiatives and fisheries advocacy, CCA Florida works with its over 18,000 members including recreational anglers and outdoor enthusiasts to conserve and enhance marine resources and coastal environments. Join the conversation on Facebook or learn more at ccaflorida.org.

About 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 Florida.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Contact: Ana Gibbs
Media line: 800.559.3853
Email: ana.gibbs@duke-energy.com
X @DE_AnaGibbs

CCA Media Contact: MHP Walther
Phone: 407.617.0604
Email: mhpwalther@ccaflorida.org 

View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-florida-coastal-conservation-association-florida-sign-collaborative-agreement-to-preserve-floridas-natural-resources-302359073.html

SOURCE Duke Energy

FAQ

What are the key achievements of Duke Energy's (DUK) Crystal River Mariculture Center in Florida?

Duke Energy's Crystal River Mariculture Center has released over 5.3 million fish and crustaceans along Florida's coast, planted 40 million clams in the Indiana River Lagoon, and more than 100,000 eelgrass, mangroves, and marsh grass.

How much did Duke Energy (DUK) donate to CCA Florida in January 2024?

Duke Energy Florida donated $100,000 to Coastal Conservation Association Florida to support and increase conservation efforts across Florida.

When did Duke Energy (DUK) first partner with CCA Florida?

Duke Energy Florida first established its partnership with Coastal Conservation Association Florida in 2017.

What are the main objectives of Duke Energy's (DUK) partnership with CCA Florida?

The partnership focuses on restocking and culturing fish species, restoring habitats, and protecting the overall health of Florida's natural resources through environmental stewardship.