Takeaways by Bloomberg AI
- Duke Energy Corp. and Xcel Energy Inc. have had talks with private credit providers about raising money for their capital plans.
- Duke Energy’s Chief Financial Officer Brian Savoy says private credit has the potential to be “icing on the cake” for the company’s $87 billion capital plan.
- Private credit refers to non-bank lending, where large institutional asset managers make loans directly to companies or against certain assets, such as power and digital infrastructure.
Bloomberg Markets
By Josh Saul
November 10, 2025