Duke Energy Florida Project Finance LLC

09/04/2026 | Press release | Distributed by Public on 09/04/2026 08:08

Asset-Backed Issuer Distribution Report (Form 10-D)

SEMI-ANNUAL SERVICER'S CERTIFICATE
Pursuant to Section 4.01(c)(ii) of the Nuclear Asset-Recovery Property Servicing Agreement, dated as of June 22, 2016 (Servicing Agreement), by and between DUKE ENERGY FLORIDA, LLC, as servicer (Servicer), and Duke Energy Florida Project Finance, LLC, the Servicer does hereby certify, for the September 1, 2026, Payment Date (Current Payment Date), as follows:
Capitalized terms used but not defined herein have their respective meanings as set forth in the Servicing Agreement. References herein to certain sections and subsections are references to the respective sections of the Servicing Agreement or the Indenture, as the context indicates.
Collection Periods: March 1, 2026 to August 31, 2026
Payment Date: September 1, 2026
1.Collections Allocable and Aggregate Amounts Available for the Current Payment Date:
i. Remittances for the March 2026 Collection Period $ 6,655,058.73
ii. Remittances for the April 2026 Collection Period 6,229,185.23
iii. Remittances for the May 2026 Collection Period 5,821,732.57
iv.. Remittances for the June 2026 Collection Period 6,506,348.29
v. Remittances for the July 2026 Collection Period 8,900,904.11
vi. Remittances for the August 2026 Collection Period 8,619,639.42
vii.
viii.
ix. Investment Earnings on General Subaccount 361,785.24
x. Investment Earnings on Capital Subaccount 110,918.34
xi. Investment Earnings on Excess Funds Subaccount 13,648.78
xii. General Subaccount Balance (sum of i through xi above) $ 43,219,220.71
xiii. Excess Funds Subaccount Balance as of prior Payment Date -
xiv. Capital Subaccount Balance as of prior Payment Date 6,105,242.79
xv. Collection Account Balance (sum of xii through xiv above) $ 49,324,463.50

2. Outstanding Amounts as of prior Payment Date:
i. Series A 2018 Outstanding Amount $ -
ii. Series A 2021 Outstanding Amount -
iii. Series A 2026 Outstanding Amount 223,417,756.00
iv. Series A 2032 Outstanding Amount 250,000,000.00
v. Series A 2035 Outstanding Amount 275,290,000.00
vi. Aggregate Outstanding Amount of all Series A Bonds $ 748,707,756.00

3. Required Funding/Payments as of Current Payment Date:
Principal Principal Due
i. Series A 2018 $ -
ii. Series A 2021 -
iii. Series A 2026 29,307,913.00
iv. Series A 2032 -
v. Series A 2035 -
vi. All Series A Bonds $ 29,307,913.00

Interest
WAL Interest Rate Days in Interest Period Principal Balance Interest Due
vii. Series A 2018 1.196 % 185 $ - $ -
viii. Series A 2021 1.731 % 185 - -
ix. Series A 2026 2.538 % 185 223,417,756.00 2,835,171.32
x. Series A 2032 2.858 % 185 250,000,000.00 3,572,500.00
xi. Series A 2035 3.112 % 185 275,290,000.00 4,283,512.40
xii. All Series A Bonds $ 10,691,183.72
Required Level Funding Required
xiii. Capital Account $ 6,471,450.00 $ -
4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture:
i. Trustee Fees and Expenses; Indemnity Amounts $ 13,075.00
ii. Servicing Fee 323,572.50
iii. Administration Fee -
iv. Operating Expenses 77,062.85
Series A Bonds Aggregate Per $1,000 of Original Principal Amount
v. Semi-Annual Interest (including any past-due for prior periods) $ 10,691,183.72
1. Series A 2018 $ - $ -
2. Series A 2021 - -
3. Series A 2026 2,835,171.32 6.50
4. Series A 2032 3,572,500.00 14.29
5. Series A 2035 4,283,512.40 15.56
vi. Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date $ -
1. Series A 2018 $ - $ -
2. Series A 2021 - -
3. Series A 2026 - -
4. Series A 2032 - -
5. Series A 2035 - -
vii. Semi-Annual Principal $ 29,307,913.00
1. Series A 2018 $ - $ -
2. Series A 2021 - -
3. Series A 2026 29,307,913.00 67.22
4. Series A 2032 - -
5. Series A 2035 - -
viii. Other unpaid Operating Expenses $ -
ix. Funding of Capital Subaccount (to required level) 366,207.21
x. Capital Subaccount Return to Duke Energy Florida 101,522.00
xi. Deposits to Excess Funds Subaccount 2,338,684.43
xii. Released to Issuer upon Retirement of all Series Bonds -
xiii. Aggregate Remittances as of Current Payment Date $ 43,219,220.71

5. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):
i. Series A 2018 $ -
ii. Series A 2021 -
iii. Series A 2026 194,109,843.00
iv. Series A 2032 250,000,000.00
v. Series A 2035 275,290,000.00
vi. Aggregate Outstanding Amount of all Series A Bonds $ 719,399,843.00
vii. Excess Funds Subaccount Balance 2,338,684.43
viii. Capital Subaccount Balances 6,471,450.00
ix. Aggregate Collection Account Balance $ 8,810,134.43
6. Subaccount Withdrawals as of Current Payment Date (if applicable, pursuant to Section 8.02(e) of Indenture):
i. Excess Funds Subaccount $ 13,648.78
ii. Capital Subaccount 110,918.34
iii. Total Withdrawals $ 124,567.12
7. Shortfalls in Interest and Principal Payments as of Current Payment Date:
i. Semi-annual Interest
Series A 2018 $ -
Series A 2021 -
Series A 2026 -
Series A 2032 -
Series A 2035 -
Total $ -
ii. Semi-annual Principal
Series A 2018 $ -
Series A 2021 -
Series A 2026 -
Series A 2032 -
Series A 2035 -
Total $ -
8. Shortfalls in Payment of Return on Invested Capital as of Current Payment Date:
i. Return on Invested Capital $ -
9. Shortfalls in Required Subaccount Levels as of Current Payment Date:
i. Capital Subaccount

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Semi-Annual Servicer's Certificate.
Date: August 24, 2026 DUKE ENERGY FLORIDA, LLC,
as Servicer
By: /s/ NICHOLAS G. SPEROS
Nicholas G. Speros
Director, EUI Accounting - Carolinas

Duke Energy Florida Project Finance LLC published this content on September 04, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 04, 2026 at 14:08 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]