Simply sign up to the US companies myFT Digest -- delivered directly to your inbox. Duke Energy, the North Carolina-based energy group, agreed to buy Progress Energy, in a $13.7bn deal that would ...

Progress Energy on Thursday warned customers of a telephone scam that has increased in frequency this week. Since Tuesday, more than a dozen customers have reported receiving phone calls from people ...

The Triangle is seeing unprecedented growth, and some people are asking how all the homes, buildings and businesses on the horizon will get electric power. Progress Energy's solution is to expand the ...

RALEIGH, N.C., Jan. 2, 2003 — Progress Energy announced that its two major electric utility companies, CP&L and Florida Power, have officially been re-branded Progress Energy. The two companies began ...

Progress Energy sent more than 650 employees and contractors, including more than 350 line & service personnel, to Texas this weekend to assist with restoration efforts after Hurricane Rita. More than ...

Progress Energy Florida has selected a "preferred corridor" for potential transmission lines that predominantly follows the path of existing lines across nine Central Florida counties, minimizing the ...