Duke Energy Corporation (Holding Company) · NYSE:DUK
Duke Energy Corporation (Holding Company) — Merger or Acquisition (October 2001)
11 slides from Duke Energy Corporation (Holding Company)'s merger presentation, October 2001
Slide 1: Monthly Chat
we generate what’s nextsm Monthly Chat Fred Fowler Group President, Energy Transmission
Slide 2: Current Duke Energy Energy Transmission System
Current Duke Energy Energy Transmission System ALASKA Maritimes AGT Texas Eastern Duke Energy East Field Tenn. Services Gulfstream we generate what’s nextsm 0109-0376
Slide 3: Duke Energy Combined Energy Transmission System
Duke Energy Combined Energy Transmission System ALASKA Westcoast Energy Pipeline Pacific Northern Centra Gas Foothills Alliance Empire Maritimes Union Gas AGT AGT Westcoast Energy Vector Pipeline Alliance East Tennessee Vector Texas Eastern Empire Unaffiliated East Pipelines Duke Energy Foothills Fi
Slide 4: Strategic Benefits
Strategic Benefits l l Extends North American integrated network of energy businesses l l Greatly increases the portfolio of growth opportunities l l Connects key supply sources and markets l l Adds storage and transportation assets at a growing, Eastern supply hub l l Increases percentage of compet
Slide 5: Duke Energy Combined Energy Transmission System
Duke Energy Combined Energy Transmission System Alaska-North Slope Mackenzie Delta ALASKA Westcoast Energy Yukon/NW Territory Pipeline Pacific Northern Newfoundland Centra Gas Foothills Alliance Sable Island Empire Maritimes Union Gas AGT AGT Westcoast Energy Vector Pipeline Alliance Texas East Tenn
Slide 6: Regulatory Approvals
Regulatory Approvals l l Antitrust u Hart-Scott-Rodino u Hart-Scott-Rodino (DOJ (DOJ or or FTC) FTC) u Competition u Competition Act Act (Canada) (Canada) -- Competition Competition Bureau Bureau u Investment u Investment Canada Canada Act Act -Industry -Industry Canada Canada and and Ministry Minis
Slide 7: Financial Overview
Financial Overview Financial Overview David Hauser Senior Vice President and Treasurer we generate what’s next
Slide 8: Transaction Overview
Transaction Overview Collar Value Impact Assumed Duke Share Price US$36.00 US$36.88 US$46.48 US$47.00 Implied Exchange Ratio 0.771 0.771 0.612 0.612 Duke Shares Issued (MM) 47.357 47.357 37.576 37.576 Stock Value per W share (50%) C$21.38 C$21.90 C$21.90 C$22.15 Cash Value per W share (50%) C$21.90
Slide 9: Organizational Structure
Organizational Structure l l Westcoast Energy will Primary Financing Nodes become a subsidiary of Duke Capital Corporation Duke Energy l l Future financings will occur at appropriate Duke Capital financing node DEFS l l Continue to fund Canadian assets with TETCO Canadian financings when appropriate
Slide 10: Financial Benefits
Financial Benefits Immediately accretive to EPS Balances business risk profile and sustainability of earnings Supports targeted EPS growth rate Maintains strong balance sheet and financial flexibility 0109-0376
Slide 11: we generate what’s next sm
we generate what’s nextsm