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An aerial composite view of the Marshall Steam Station, a coal power plant owned by Duke Energy situated near Lake Norman in Sherrills Ford, N.C. Tuesday, July 26, 2022.
Duke Power merged with PanEnergy, a natural gas company, in 1997 to form Duke Energy. [11] The Duke Power name continued as the electric utility business of Duke Energy until the Cinergy merger. Duke Energy Field Services near Palestine, Texas .
In June 2022, Duke privately bought 17 acres of land near Green Pond Road and Highway 417 to house the new Big Ferguson substation, which shares a name with a creek nearby.Residents learned about ...
The utility proposed the natural gas turbines in a 2023 update to its carbon dioxide reduction plan, The (Raleigh) News & Observer previously reported. Duke Energy says it needs the turbines to ...
Per the merger agreement between Progress and Duke, he was slated to become CEO of the new combined company. Within an hour after the merger closed, he was removed as CEO by the new board, the majority of whom were legacy Duke Energy board members. [9] The Los Angeles Times estimated that Johnson received $44 million as severance pay. [10]
Duke Energy Corporation (NYSE:DUK) reported third-quarter adjusted EPS of $1.62, down from $1.94 a year ago and missing the consensus of $1.70. Revenues of $8.154 billion exceeded the consensus of ...
North Carolina regulators, following an investigation, reached an agreement with Duke in which the company was required to choose a new CEO by the middle of 2013. Good was selected by a board composed of both Duke and Progress members. [4] Lynn Good became CEO of Duke Energy on July 1, 2013. [4] Good was also elected to the Duke board.
Months after Duke Energy employees held a final meeting for residents in rural Green Pond to share concerns about a new transmission line that will cut through their rural community, the utility ...