Private company

Piedmont Natural Gas

American natural gas distribution company

Piedmont Natural Gas Company, Inc. is an energy services company and wholly owned subsidiary of Duke Energy.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1949Founded1

Piedmont Natural Gas Company, Inc. is an energy services company and wholly owned subsidiary of Duke Energy.2

Corporate structure

Piedmont Natural Gas is part of a group headed by Duke Energy. 180 entities, 7 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Duke Energy Charlotte, North Carolina, United States
    • Duke Energy Carolinas, LLC Charlotte, North Carolina, United States
    • Piedmont Natural Gas Charlotte
    • Progress Energy, Inc. Raleigh, North Carolina, United States
    • Advance SC LLC Subsidiary · South Carolina, United States
    • Baker House Apartments LLC Subsidiary · North Carolina, United States
    • Bison Insurance Company Limited Subsidiary · South Carolina, United States
    • Caldwell Power Company Subsidiary · North Carolina, United States
    • Carofund, Inc. Subsidiary · North Carolina, United States
    • CaroHome, LLC Subsidiary · North Carolina, United States
    • CATAMOUNT ENERGY CORPORATION Subsidiary · Charlotte, North Carolina, United States
    • Catawba Mfg. & Electric Power Co. Subsidiary · North Carolina, United States
    • Century Group Real Estate Holdings, LLC Subsidiary · South Carolina, United States
    • CGP Global Greece Holdings, SA Subsidiary · Greece
    • Cinergy Climate Change Investments, LLC Subsidiary · Delaware, United States
    • Cinergy Corp. Subsidiary · Delaware, United States
    • Cinergy Global (Cayman) Holdings, Inc. Subsidiary · Cayman Islands
    • Cinergy Global Holdings, Inc. Subsidiary · Delaware, United States
    • Cinergy Global Power, Inc. Subsidiary · Delaware, United States
    • Cinergy Global Resources, Inc. Subsidiary · Delaware, United States
    • Cinergy Global Tsavo Power Subsidiary · Cayman Islands
    • Cinergy Receivables Company LLC Subsidiary · Delaware, United States
    • Cinergy Solutions - Utility, Inc. Subsidiary · Delaware, United States
    • CRNG-GA1, LLC Subsidiary · Delaware, United States
    • CTE Petrochemicals Company Subsidiary · Cayman Islands
    • D/FD Holdings, LLC Subsidiary · Delaware, United States
    • and 150 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. 1949Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$63.5M 2008–2026
Without federal contracts$972.4K 2023–2023
Without federal contractsWithout federal contracts, 2023–2023: $972.4K in all. Federal grants $972.4K.$0$250K$500K$750K$1M2023 · Federal grants: $972.4K2023
Figures by year
YearFederal grantsFederal contractsTotal
2026–$7.0M$7.0M
2025–$8.6M$8.6M
2024–$5.0M$5.0M
2023$972.4K$8.6M$9.6M
2022–$3.8M$3.8M
2021–$3.3M$3.3M
2020–$2.5M$2.5M
2019–$2.9M$2.9M
2018–$1.9M$1.9M
2017–$13.7M$13.7M
2016–$291.9K$291.9K
2015–$59.7K$59.7K
2014–$173.8K$173.8K
2013–$2.6M$2.6M
2012–$72.6K$72.6K
2011–$148.5K$148.5K
2010–$63.7K$63.7K
2009–$812.9K$812.9K
2008–$1.1M$1.1M

Federal awards

Obligated amounts from USAspending.gov3, by calendar year, 2008–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest grants

  1. Aug 1, 2023$972.4K from Department of Energy: Fossil Energy Research And Development4 To PIEDMONT NATURAL GAS COMPANY, INC. Award DEFE0032284

Largest contracts

  1. Mar 30, 2015$36.0M from Department of the Navy: Igf::ot::igf utility energy services contract (uesc) camp lejeune steam decentralization5 To PIEDMONT NATURAL GAS COMPANY, INC. Award N4008515C7701
  2. Sep 26, 2013$21.4M from Defense Logistics Agency: Igf::ct::igf piedmont natural gas company (png/contractor) shall assume ownership, operations, and maintenance of the natural gas utility sy6 To PIEDMONT NATURAL GAS COMPANY, INC. Award SP060013C8284
  3. Nov 1, 2007$1.0M from Department of Veterans Affairs: Natural gas7 To PIEDMONT NATURAL GAS COMPANY, INC. Award V659C85013
  4. Mar 23, 2009$866.0K from Department of the Navy: Natural gas service8 To PIEDMONT NATURAL GAS COMPANY, INC. Award N4008509C9959
  5. Nov 1, 2008$731.2K from Department of Veterans Affairs: Natural gas service9 To PIEDMONT NATURAL GAS COMPANY, INC. Award V659C95016