The Triangle is seeing unprecedented growth, and some people are asking how all the homes, buildings and businesses on the horizon will get electric power. Progress Energy's solution is to expand the ...

Robert McGehee, 64, chairman and chief executive officer of Progress Energy, died early Tuesday of a stroke, the company said. McGehee suffered the stroke in London on Sunday. He was in the United ...

Progress Energy has selected Westinghouse's AP1000 reactor design for a potential new nuclear power plant in Levy County, Florida. Progress Energy has selected Westinghouse's AP1000 reactor design for ...

More than 90 percent of Duke Energy’s (NYSE: DUK) shareholders approved the proposed merger with Progress Energy (NYSE: PGN). Progress Energy shareholders also approved the merger on August 23. Duke ...

Progress Energy sent more than 650 employees and contractors, including more than 350 line & service personnel, to Texas this weekend to assist with restoration efforts after Hurricane Rita. More than ...

The permanent closure of the Crystal River nuclear power plant in Florida is one of the options being considered by owner Progress Energy as the costs of upgrading and repairing the single reactor ...

RALEIGH, N.C., May 29, 2001 — In time for summer’s heat and humidity, Progress Energy has completed construction on two peaking power plants in North Carolina and put the facilities in service. The ...

Progress Energy Florida (PEF) on Monday signed a contract with Westinghouse Electric Co. LLC and The Shaw Group Inc.’s Power Group for the engineering, procurement, and construction of two nuclear ...

Progress Energy (PGN) recently came up on a stock screen I ran while looking at electric utilities. The company has a long history dating back to 1925 and recently raised its dividend for the 20th ...

It was a remarkably ugly exercise of boardroom behavior, and now will cost Duke Energy $27 million (covered by insurance and paid to Duke itself ). In 2012, Duke Energy and Progress Energy, large ...