Progress Energy

Business & Economy
6:05 am
Wed January 11, 2012

New Deadline for Duke - Progress Merger

It could be six months before the Duke Energy-Progress Energy merger is complete.

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Business & Economy
9:55 am
Wed September 21, 2011

Duke-Progress Merger Critics Call for Stricter Conditions

State regulators continue a hearing today about whether Duke Energy and Progress Energy should merge.

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Business & Economy
5:00 am
Tue September 20, 2011

Duke/Progress Merger Faces Public Hearing

The North Carolina Utilities Commission will hear testimony Tuesday on the proposed merger of Duke Energy and Progress Energy. The Commission will hear from company officials in favor and from environmental groups opposed to the merger. Tom Williams is a spokesman for Duke Energy.

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Business & Economy
3:10 pm
Fri September 9, 2011

Environmental Groups Challenge Duke, Progress Merger

Several environmental groups have filed a challenge to the proposed merger of Duke Energy and Progress Energy. The merger between the two North Carolina-based companies would create the country's largest utility. Southern Environmental Law Center attorney Gudrun Thompson says that makes Duke and Progress responsible for leading the way in developing clean energy resources.

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Business & Economy
5:45 pm
Mon January 10, 2011

An Electric Marriage

Duke Energy and Progress Energy no longer have to compete for customers. The two North Carolina-based utility companies have inked out a $26-billion deal and joined forces to become the largest utility in the US. Leoneda Inge reports.

A surprising but not shocking marriage was announced in North Carolina today.  Two – well branded utility companies – decided to get hitched. And if regulators approve the merger of Duke Energy and Progress Energy – the union will form the largest utility company in America.

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Business & Economy
2:44 pm
Mon January 10, 2011

Duke And Progress Energy To Merge

Duke Energy and Progress Energy officials announced today they are merging their companies. Duke Energy will be the name of the combined company. Its headquarters will be in Charlotte and it will become the largest utility in the country. Progress Energy C-E-O William Johnson will be the new Duke Energy leader. He says the merger is good for North Carolina:

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