September 29, 2009

PROGRESS ENERGY: PEC Spent $2Mil for Ward Transformer, MGP Sites

COMPANIES: Progress Energy Carolinas Inc | Progress Energy Inc
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Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas, Inc., for the three months ended June 30, 2009, spent about US$2 million and accrued about US$1 million for the Ward Transformer site located in Raleigh, N.C. and certain manufactured gas plant (MGP)…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Power Producers/Utilities | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: North Carolina | United States