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Coal Fired to Natural Gas Plants. Price 900M
Progress Energy plans to shut down three coal-fired power plants in Wayne County and build a natural gas-fueled plant at the site. The $900 million project would increase the amount of electricity produced at the site while reducing pollution, the Raleigh-based utility announced Tuesday. The proposal requires approval by the N.C. Utilities Commission. But last…
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Easley Scandal Hits Progress Energy
From the Associated Press Monday June 1 2009 Questions of influence peddling abound. Companies that worked closely with the Easley administration — including Progress Energy Inc., Blue Cross Blue Shield and AT&T Corp. — gave at least $150,000 to Easley’s speakers series while her husband was in office. Some reported donating money to sponsor a…