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announced plans to take over
Progress Energy in a $ 26 billion deal resulting in the country's largest electric utility with 7.1 million customers. Duke Energy plans to "maintain substantial operations in Raleigh." When the merger was completed on July 3, 2012, Duke Chairman James E. (Jim) Rogers
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and changed its name to
Progress Energy. Progress Energy represents a family of companies, including CP&L, Florida Power, Progress Telecom, NCNG and SRS, and an important new organization, Energy Ventures. The company built a new
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In 2008, the
Corporate Responsibility Officer named Progress Energy to its list of 100 Best Corporate Citizens. Progress Energy was named to the Dow Jones Sustainability Index in 2009, 2008, 2007, 2006 and 2005.
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On August 24, 1999, Carolina Power & Light Co. said that it would acquire
Florida Progress Corp. for $ 5.3 billion, creating the nation's ninth-largest electric utility.
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study to map the offshore wind power potential of North
Carolina. Progress Energy launched its SunSense-branded solar incentive programs in 2009.
217:, it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $ 9 billion in annual revenues. Headquartered in
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technology, or scrubbers, to remove sulfur dioxide emissions from its nine largest coal-fired power plant units.
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in 2002, when it released roughly 39 million pounds of toxic chemicals into the air. Major pollutants included
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221:, Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in
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On
October 16, 1999, third quarter earnings of Florida Progress Corp. fell 20.5 percent as damage from
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365:. Progress has also been named a potentially responsible party at the Carolina Transformer Co.
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became
Chairman and CEO of the new combined company, while Progress CEO Bill Johnson resigned.
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The company's slogan prior to the Duke Energy merger was, "People, performance, excellence."
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455:"Carolina Power Set To Buy Fla. Utility; Deal Would Form No. 9 Electric Firm"
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was a power generation and distribution company. Prior to its merger with
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identified
Progress Energy as the 29th-largest corporate producer of
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http://www.progress-energy.com/aboutus/news/article.asp?id=21723
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WRAL.com: Progress CEO is out as Duke, Progress complete merger
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Progress Energy is the majority owner and operator of the
502:"Duke Energy to buy Progress Energy in $ 26 billion deal"
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Companies formerly listed on the New York Stock
Exchange
470:"Merger means uncertainty for Raleigh utility's workers"
616:"Progress Energy fires up scrubbers to curb emissions"
241:, who died on October 9, 2007, at the age of 64 of a
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Non-renewable resource companies established in 2000
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Progress Energy Center for the Arts-Mahaffey
Theater
229:. As an independent company, the last chairman and
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381:Progress Energy owned the naming rights to the
406:Progress Energy Center for the Performing Arts
698:Electric power companies of the United States
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708:Nuclear power companies of the United States
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718:Companies based in Raleigh, North Carolina
703:Natural gas companies of the United States
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120:Learn how and when to remove this message
327:The company is investing $ 300,000 in a
748:Energy companies disestablished in 2012
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563:http://www.sustainability-indexes.com/
56:Please improve this article by adding
733:2000 establishments in North Carolina
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723:Energy companies established in 2000
640:Political Economy Research Institute
245:while on a business trip to London.
369:toxic waste site, according to the
343:University of Massachusetts Amherst
347:Air pollution in the United States
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542:100 Best Corporate Citizens 2008
422:List of power stations in Florida
582:"Progress boosts UNC wind study"
441:"Florida Progress buyer suffers"
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544:http://www.thecro.com/node/615
387:Progress Energy Welcome Center
334:Progress Energy has installed
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743:2012 mergers and acquisitions
468:Murawski, John (2011-01-10).
383:University of Central Florida
307:in downtown Raleigh in 2004.
58:secondary or tertiary sources
500:Wolf, Alan M. (2011-01-10).
659:Center for Public Integrity
371:Center for Public Integrity
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296:Carolina Power & Light
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532:Duke Energy press release
300:Florida Power Corporation
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713:Energy in North Carolina
336:flue-gas desulfurization
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233:of Progress Energy was
219:Raleigh, North Carolina
180:Raleigh, North Carolina
664:July 18, 2011, at the
601:Company news release:
237:; his predecessor was
45:relies excessively on
649:retrieved 14 Aug 2007
310:On January 10, 2011,
69:"Progress Energy Inc"
18:Progress Energy, Inc.
396:Progress Energy Park
319:Environmental record
265:nuclear power plants
133:Progress Energy Inc.
681:Progress Energy Inc
507:News & Observer
475:News & Observer
341:Researchers at the
188:Number of employees
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645:2011-10-01 at the
584:. NewsObserver.com
568:2007-09-30 at the
549:2011-04-08 at the
235:William D. Johnson
363:hydrochloric acid
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618:. Ocala.com
410:Raleigh, NC
404:, and the "
357:compounds,
353:compounds,
312:Duke Energy
215:Duke Energy
203:Duke Energy
152:Duke Energy
692:Categories
622:2012-05-08
588:2012-05-08
486:2011-01-10
428:References
110:April 2007
80:newspapers
47:references
636:Toxic 100
367:Superfund
294:In 2000,
250:Brunswick
662:Archived
643:Archived
566:Archived
547:Archived
416:See also
355:chromium
258:Robinson
158:Industry
683:website
298:bought
284:History
227:Florida
168:Founded
94:scholar
361:, and
351:nickel
260:, and
243:stroke
198:Parent
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