A new report by Innovation Observatory, more than $378 billion will be collectively invested in building electricity smart grids by 2030. Sources: Http://Xrl.Us/Bii2sf http://xrl.us/bigqfh

Monday, January 10, 2011

Duke Energy paying nearly $14 billion stock for Progress Merger of North Carolina power generators would create huge utility

Jan. 10, 2011, 9:51 a.m. EST



By Steve Gelsi, MarketWatch
NEW YORK (MarketWatch) — Duke Energy Corp. agreed to buy Progress Energy Inc. for nearly $14 billion in stock, the company said Monday, bidding to become the largest U.S. utility at a time of steep costs to build nuclear generating plants as well as sluggish growth in the economy.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)