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Progress Energy was a power generation and distribution company. Prior to its merger with Duke Energy , it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues.
Carolina Power & Light (CP&L), later doing business as Progress Energy Inc., was an electrical generation, transmission, and distribution utility based in Raleigh, North Carolina. The company was founded on July 13, 1908 as the result of the merger and buyout of numerous small, private, and financial distressed utilities across the state.
Crystal River was originally owned by Florida Progress Corporation (and operated by its subsidiary, Florida Power Corporation) but, in 2000, it was bought by Carolina Power & Light to form the new company, Progress Energy. Progress Energy owned 91.8% of the plant; the remainder is owned by nine municipal utilities. Effective July 2, 2012, Duke ...
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Progress Energy Park, the former name of the downtown waterfront stadium in St. Petersburg, Florida; In business: Progress Energy Inc, American power generation and distribution company; Progress Energy Resources, Canadian oil and gas exploration and extraction company