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Utilities Down On Rotation Into Cyclical Sectors -- Utilities Roundup

07/21/2021 | 03:27pm EDT

Shares of power producers fell as Treasury yields rose and investors rotated into cyclical sectors.

Duke Energy unveiled four new solar power plants in Florida.

Investment firm Carlyle Group is launching a company to develop renewable-power-generation and storage projects in a push to reorient its energy business toward sustainable investments.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

07-21-21 1727ET

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