September 11, 2008

PROGRESS ENERGY: PEC Records $9M Liability for Raleigh, NC Site

COMPANIES: Progress Energy Carolinas Inc | Progress Energy Inc | US Environmental Protection Agency
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Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas Inc., at June 30, 2008, recorded a liability of US$9 million for the Ward Transformer site in Raleigh, N.C., compared with about US$6 million at Dec. 31, 2007.

During the fourth quarter of 2004,…

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