Progress Energy Inc

Progress Energy Inc

Progress Energy, headquartered in Raleigh, N.C., is a subsidiary of Duke Energy and prior to its merger with Duke Energy was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. As an independent company, the last chairman and CEO of Progress Energy was William D. Johnson; his predecessor was Robert McGehee, who died on October 9, 2007 at the age of 64 of a stroke while on a business trip to London.

Progress Energy is the majority owner and operator of the Brunswick, Crystal River 3, Robinson, and Shearon Harris nuclear power plants.

The company's current slogan is, "People, performance, excellence."

Read more about Progress Energy Inc:  History, Environmental Record, Naming Rights

Famous quotes containing the words progress and/or energy:

    All progress is based upon a universal innate desire on the part of every organism to live beyond its income.
    Samuel Butler (1835–1902)

    Violence among young people ... is an aspect of their desire to create. They don’t know how to use their energy creatively so they do the opposite and destroy.
    Anthony Burgess (b. 1917)