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Duke Energy

Progress Energy to make big job cuts in Raleigh

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Progress Energy plans to cut as much as half of its work force at its downtown Raleigh headquarters if its planned merger with Charlotte-based Duke Energy is approved. Full story...
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Shareholders set to vote on Duke-Progress merger

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Shareholders of North Carolina's two largest utilities are voting on whether to merge the two electric companies into the country's largest utility. Full story...
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Duke Energy guarantees $10M for convention in NC

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One of Charlotte's biggest companies is guaranteeing a $10 million line of credit for the 2012 Democratic National Convention. Full story...
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NC officials get details on Duke-Progress deal

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The financial combination of Duke Energy and Progress Energy won't lead to too many changes for their North Carolina customers and regulators. Full story...
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NC advocate wants Duke-Progress merger savings

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North Carolina's chief consumer advocate for utilities says state regulators will insist on ratepayers getting some of the savings from the merger of Duke Energy and Progress Energy. Full story...
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Duke Energy to buy Progress Energy

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Duke Energy and Progress Energy announced today that both companies’ Boards of Directors have unanimously approved a definitive merger agreement to combine the two companies in a stock-for-stock transaction. Full story...
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