Rocky Mount and New Bern should continue to insist on the best possible result for utility customers from the proposed Duke Energy Corp. and Progress Energy Inc. merger. (More)
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Archive for the ‘Duke Energy and Progress Energy Merger’ Category
Utility merger fight is one worth waging – Rocky Mount Telegram
Posted by Curmilus Dancy II (Butch) on May 5, 2012
Posted in Duke Energy and Progress Energy Merger, Progress Energy and Duke Power Merger, Utility Merger | Leave a Comment »
Activists protest Duke Energy’s annual meeting – Rocky Mount Telegram
Posted by Curmilus Dancy II (Butch) on May 4, 2012
CHARLOTTE – Environmental activists are blocking a train shipment of coal to a Duke Energy plant outside of Charlotte. The action comes the same day the utility company is holding its annual shareholder’s meeting in North Carolina’s largest city. (More)
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Posted in Duke Energy, Duke Energy and Progress Energy Merger, Progress Energy, Progress Energy and Duke Power Merger | Leave a Comment »
City files third objection to Duke-Progress Energy merger – Rocky Mount Telegram
Posted by Curmilus Dancy II (Butch) on May 3, 2012
Rocky Mount and New Bern continue to fight a merger that proposes to create the nation’s largest utility company.
The opposition comes at a time when Duke Energy Corp. and Progress Energy Inc. are facing a tight deadline for getting their planned $26 billion merger completed. (More)
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Posted in Duke Energy, Duke Energy and Progress Energy Merger, Progress Energy, Progress Energy and Duke Power Merger, Rev. Andre Knight Rocky Mount NC Councilman/President NAACP, Rocky Mount NC City Council | Leave a Comment »
Duke, Progress move back merger date to mid-year – News & Observer
Posted by Curmilus Dancy II (Butch) on January 19, 2012
Duke Energy and Progress Energy have delayed the closing date of their corporate merger as the two North Carolina electric companies face tough regulatory scrutiny of their proposed $26 billion deal.
In a memo to employees issued today, the companies said the earliest their merger could now close is May or June. Just last month, Charlotte-based Duke and Raleigh-based Progress predicted they could finish their merger as soon as March. (More)
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Posted in Duke Energy, Duke Energy and Progress Energy Merger, ElectriCities of North Carolina, Progress Energy | Leave a Comment »
Progress-Duke delay good for Eastern N.C. – Source: The Rocky Mount Telegram
Posted by Curmilus Dancy II (Butch) on December 17, 2011
Some welcome news came this week with the announcement that Duke Energy’s plans to gobble up Progress Energy had been delayed by federal regulators.
Rocky Mount and New Bern can claim victory in the announcement, which experts predict will delay any utility merger for at least three months. (More)
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New Bern NC – Duke-Progress merger blocked by regulators – Source: Sun Journal
City of Rocky Mount Responds to Recent FERC Order–Rejection of Duke-Progress Energy Merger
Posted in Duke Energy, Duke Energy and Progress Energy Merger, ElectriCities of North Carolina, Mayor Lee Bettis New Bern, Merger delayed, NC Eastern Municipal Power Agency (NCEMPA), New Bern City Council, New Bern NC, Progress Energy, Progress Energy and Duke Power Merger, Rev. Andre Knight Rocky Mount NC Councilman/President NAACP | Leave a Comment »
New Bern NC – Duke-Progress merger blocked by regulators – Source: Sun Journal
Posted by Curmilus Dancy II (Butch) on December 16, 2011
A merger between Duke Energy and Progress Energy to form the largest utilities company in the country has be blocked by federal regulators.
The Federal Energy Regulatory Commission said in a statement Thursday that Duke and Progress have not done enough to protect competition in North Carolina and South Carolina. (More)
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City of Rocky Mount Responds to Recent FERC Order–Rejection of Duke-Progress Energy Merger
Posted in Duke Energy, Duke Energy and Progress Energy Merger, ElectriCities of North Carolina, Mayor Lee Bettis New Bern, Merger delayed, NC Eastern Municipal Power Agency (NCEMPA), Progress Energy, Progress Energy and Duke Power Merger, Rev. Andre Knight Rocky Mount NC Councilman/President NAACP | Leave a Comment »
Commission delays Duke-Progress merger – Source: The Wilson Times
Posted by Curmilus Dancy II (Butch) on December 16, 2011
The Federal Energy Regulatory Commission on Wednesday rejected Duke Energy Corp. and Progress Energy’s proposed mitigation plan to remedy their merger’s harmful effects on competition.
It became another hitch in the large proposed merger between the two energy giants. But it doesn’t stop the merger itself. Still, the ruling could delay any approval into next year. (More)
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City of Rocky Mount Responds to Recent FERC Order–Rejection of Duke-Progress Energy Merger
Posted in Duke Energy, Duke Energy and Progress Energy Merger, Mayor Lee Bettis New Bern, New Bern City Council, New Bern NC, Progress Energy, Rev. Andre Knight Rocky Mount NC Councilman/President NAACP, Rocky Mount & New Bern Legal Fight, Rocky Mount NC, Rocky Mount NC City Council | Leave a Comment »
Rocky Mount fights merger of utility companies – Source: Rocky Mount Telegram
Posted by Curmilus Dancy II (Butch) on November 20, 2011
The city of Rocky Mount has decided to continue its fight against a proposed merger of Duke Energy and Progress Energy after being dissatisfied with a settlement agreement.
Rocky Mount and New Bern are proceeding in the legal fight against the advice of ElectriCities, the administrative and lobbying arm of the N.C. Eastern Municipal Power Agency of which both cities are members. (Read more)
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Posted in Duke Energy and Progress Energy Merger, ElectriCities of North Carolina, Rocky Mount & New Bern Legal Fight, Rocky Mount NC, Rocky Mount NC City Council | Leave a Comment »
Council to fight utilities’ merger – Source: The Rocky Mount Telegram
Posted by Curmilus Dancy II (Butch) on May 24, 2011
After several closed sessions, Rocky Mount City Council members approved as much as $25,000 for a lawyer to contest the possible Duke Energy and Progress Energy merger. (Paid Content)
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Posted in Duke Energy and Progress Energy Merger, Duke Power, Progress Energy, Rocky Mount NC, Rocky Mount NC City Council, Utilities Merger | Leave a Comment »
