Duke Energy Announces Settlement Related To 2014 Ohio Oil Spill

(RTTNews) - Duke Energy Corp (DUK) issued statement related to an agreement between the U.S. Attorney's Office for the Southern District of Ohio and Duke Energy Beckjord, LLC regarding a 9,000-gallon diesel fuel oil spill into the Ohio River in August 2014.

Terms of the agreement include one misdemeanor violation of the Clean Water Act, a fine of $1 million and a $100,000 contribution to the Foundation for Ohio River Education (FORE). In addition, the company has already reimbursed government and private entities approximately $950,000 for costs incurred in connection with the spill.

Duke Energy said it immediately apologized for the oil spill at Beckjord facility in Ohio, took responsibility for the accident and responded quickly in coordination with dozens of state and federal agencies to ensure that people and the environment remained safe and well protected.