History Progress Energy Inc

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in 2000, carolina power & light bought florida power corporation , changed name progress energy. progress energy represents family of companies, including cp&l, florida power, progress telecom, ncng , srs, , important new organization, energy ventures. company built new headquarters in downtown raleigh in 2004.


on january 10, 2011, duke energy announced plans take on progress energy in $26 billion deal resulting in country s largest electric utility 7.1 million customers. duke energy plans maintain substantial operations in raleigh. when merger completed on july 3, 2012, duke chairman james e. (jim) rogers became chairman , ceo of new combined company, while progress ceo bill johnson resigned.








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