December 11, 2016 9:11 AM ET

Electric Utilities

Company Overview of Progress Energy Inc.

Company Overview

Progress Energy, Inc., a utility holding company, engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina, and Florida. It uses coal, oil, hydroelectric, natural gas, and nuclear power to generate electricity. The company supplies electric service to approximately 1.5 million residential, commercial, and industrial customers covering approximately 32,000 square miles in North Carolina and South Carolina; and to approximately 1.7 million residential, commercial, and industrial customers covering approximately 13,000 square miles in Florida. It serves health care, education, financial services, information technology, military buildings,...

410 South Wilmington Street

Raleigh, NC 27601

United States

Founded in 1925

Phone:

704-382-3853

Key Executives for Progress Energy Inc.

Chief Executive Officer, President and Director
Age: 56
Chief Financial Officer and Executive Vice President
Age: 58
Chief Executive Officer of Progress Energy Carolinas Inc and President of Progress Energy Carolinas Inc
Age: 55
Chairman of Duke Energy Corporation, Chief Executive Officer of Duke Energy Corporation and President of Duke Energy Corporation
Age: 69
Executive Vice President and General Counsel
Age: 60
Compensation as of Fiscal Year 2016.

Similar Private Companies By Industry

Company Name Region
3 Phases Renewables, LLC United States
Abacus Resources Energy, LLC United States
Access Energy, LLC United States
Adams Electric Cooperative, Inc. United States
Adams-Columbia Electric Cooperative United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Progress Energy Inc., please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.