Progress Energy News

Even as Progress Energy Inc. awaits regulatory approval of its merger with Duke Energy Corp., Progress is vacating some of its corporate headquarters space in downtown Raleigh, the Triangle Business Journal reports.

Bill Johnson heads up Progress Energy in Raleigh. Progress was the largest corporate donor to legislators involved in the fracking legislation, according to a N.C. group.

A federal ruling on whether Progress Energy and Duke Energy can combine into the nation's largest electric utility could come as early as Friday, bringing closure to a deal announced 17 months ago.

ST. PETERSBURG The Progress Energy Foundation will invest $500,000 this year to fund energy education classroom projects as well as workforce development at high school career academies throughout the state.

Fifteen months ago, when Progress Energy and Duke Energy first announced their merger plans, there was considerable anxiety in the real estate community that the deal would leave downtown Raleigh with an empty tower at the south end of Fayetteville Street.

Increased global reliance on nuclear energy will maintain the U.S. capability to build new nuclear energy facilities when the need for accelerated expansion arises in America, the chairman of the Nuclear Energy Institute predicted today.

With tropical weather already churning in the Atlantic, Progress Energy encourages customers to get prepared for the coming hurricane season, which officially starts June 1. Progress Energy is ready to respond to whatever Mother Nature brings, with a detailed plan in place to activate workers quickly and decisively in response to major storms.

The Nuclear Energy Institute has re-elected William D. Johnson, chairman, president and chief executive officer of Progress Energy, as chairman of its board of directors.

Productions scheduled to appear include: - Catch Me If You Can : Based on the hit film and incredible true story that inspired it, Catch Me If You Can is the high-flying, splashy new Broadway musical that tells the story of Frank W. Abagnale, Jr., a teenager who runs away from home in search of the glamorous life.

A fourth-grade teacher vaguely remembered hearing “If she makes it 20 minutes, we’ll talk.” A college student was clinically dead for 21 minutes.

Melissa Essary, dean of the Campbell Law School , has announced that Campbell Law School conferred 143 Juris Doctor degrees at its 34th annual hooding and graduation ceremony on May 11 in Meymandi Concert Hall at the Progress Energy Center for the Performing Arts.

A dozen nonprofit advocacy groups are lining up to fight any effort to make it easier for electric utilities to raise rates to pay for nuclear plants years before the costly plants are built.

May 15 - Fitch Ratings has assigned an 'A+' rating to Carolina Power and Light Co.'s, DBA Progress Energy Carolinas, Inc.

A small group of the 18-member vocal ensemble of university students will perform Kirk Franklin's "My Life Is In Your Hands," "Thanks and Praise," and "Make Me A Channel Of Your Peace" at the event, which honors the sacrifice of Wake County's 19 officers who lost their lives in the line of duty in the county over the years.

More than 2,100 customers lost electric power Saturday morning and traffic lights were knocked out along a section of Southwest Cary Parkway after a Progress Energy electrical box on Walden Brook Court caught fire.

FLORENCE, S.C. Progress Energy Carolinas recently filed a request to lower the fuel rate charged to its South Carolina customers.

A Washington, D.C.-area company has set up an office in Cary and is planning to build a $17 million facility in Duplin County that will generate electricity from swine waste.

During scorching Sunshine State summers, many residents beat the heat by taking to the water.

NC Theatre will receive the Community Leadership Award during a luncheon held by the chamber Tuesday, May 22, from 11:30 a.m. through 1:30 p.m. at the Raleigh Convention Center.

Oil & Gas - Deals and Alliances Profile Summary Progress Energy, Inc. is an energy company engaged in the generation, transmission, distribution and sale of electricity in North Carolina, South Carolina and Florida.