In a conference call with investors, Duke Energy Chief Executive Lynn Good said the company will invest $4.75 billion from 2016-20 on natural gas-fired capacity, adding 6,792 megawatts by 2022

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Good added that the company's $4.9 billion acquisition of Piedmont Natural Gas is on track. Good also said Duke Energy Renewables (DER) will invest $3 billion in wind and solar projects in the same 2016-20 time frame.