New Bern NC – Duke-Progress merger blocked by regulators – Source: Sun Journal

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

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Commission delays Duke-Progress merger – Source: The Wilson Times

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

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City of Rocky Mount Responds to Recent FERC Order–Rejection of Duke-Progress Energy Merger

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Rocky Mount NC & New Bern NC: Feds deny, delay Duke-Progress merger again – Source: News & Observer

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Feds block Duke-Progress merger