Duke Energy pays $3M for 68 acres near North Carolina megasite
Duke Energy Corp. recently made a substantial land purchase in Chatham County to support the surging growth in the community.
Charlotte-based Duke Energy purchased 67.9 acres for $3.075 million, according to a deed filed March 30. The purchase price comes out to about $45,000 an acre.
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The land sits near the Chatham-Randolph County line and is next to the Chatham-Siler City Advanced Manufacturing megasite (CAM).
Duke plans to construct a new substation on the site to increase reliability in the area.
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