April 24 (Reuters) - Duke Energy Corp (NYSE:DUK) DUK.N :
* DUKE ENERGY ENTERS INTO DEFINITIVE AGREEMENT TO SELL MINORITY INTEREST IN ITS COMMERCIAL RENEWABLE ENERGY PORTFOLIO TO JOHN HANCOCK
* DUKE ENERGY CORP - DEAL FOR APPROXIMATELY $1.25 BILLION
* DUKE ENERGY CORP - TOTAL ENTERPRISE VALUE OF THIS PORTION OF DUKE ENERGY'S COMMERCIAL RENEWABLE ENERGY PORTFOLIO IS APPROXIMATELY $1.25 BILLION
* DUKE ENERGY CORP - TOTAL ENTERPRISE VALUE OF THIS PORTION OF DUKE ENERGY'S COMMERCIAL RENEWABLE ENERGY PORTFOLIO IS APPROXIMATELY $1.25 BILLION
* DUKE ENERGY CORP - SALE WILL RESULT IN PRE-TAX PROCEEDS TO DUKE ENERGY OF $415 MILLION.
* DUKE ENERGY CORP - JOHN HANCOCK WILL ALSO HAVE RIGHT TO ACQUIRE A MINORITY INTEREST IN CERTAIN ADDITIONAL WIND AND SOLAR PROJECTS IN FUTURE