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Duke Energy completed its acquisition of Cinergy Corp in 2006. [58] In July 2004, Duke Energy agreed to pay $208M to settle allegations that it had engaged in price gouging in California during the energy crisis of 2000 and 2001. [59] In December 2009, Duke Energy agreed to spend approximately $93M to resolve violations of the Clean Air Act.
In December 2010, Duke Energy and Alinda Capital Partners LLC formed a joint venture to grow DukeNet Communications in the enterprise and data center space. [ 3 ] [ 4 ] On October 7, 2013, Time Warner Cable (later bought by Charter Communications in 2016) announced that it had agreed to acquire DukeNet Communications LLC for $600 million, and ...
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]
One of the biggest employers in the region, Duke Energy is transitioning to clean energy and plans to exit coal by 2035. Skip to main content. 24/7 Help. For premium support please call: 800-290 ...
In order to achieve some operational and maintenance cost reduction now that the merger between Duke Energy (NYS: DUK) and Progress Energy is complete, approximately 1,400 employees will be ...
James Eugene Rogers Jr. (September 20, 1947 – December 17, 2018) was an American businessman and author. [1] He was president and CEO of Duke Energy, the largest electrical utility in the U.S., from April, 2006 until July 1, 2013.
550 South Tryon (formerly the Duke Energy Center) is a 786-foot (240 m) tall, [1] 48-floor (54 floors including mechanical floors) skyscraper in Charlotte, North Carolina. When completed in 2010, it was the largest building in Charlotte (in square footage), second tallest building in Charlotte, 63rd tallest building in the United States, and ...
WRTV's Adam Schumes shares a Carmel man's warning about a threatening phone call he received from someone claiming to be from Duke Energy. Duke Energy warns of phone scam, energy assistance ...