Robert McGehee, 64, chairman and chief executive officer of Progress Energy, died early Tuesday of a stroke, the company said. McGehee suffered the stroke in London on Sunday. He was in the United ...

The Triangle is seeing unprecedented growth, and some people are asking how all the homes, buildings and businesses on the horizon will get electric power. Progress Energy's solution is to expand the ...

RALEIGH, N.C., Feb. 15, 2002 — Progress Ventures Inc., a wholly owned subsidiary of Progress Energy, announced today that it has completed acquisition of two electric generating projects from LG&E ...

RALEIGH, N.C., Jan. 2, 2003 — Progress Energy announced that its two major electric utility companies, CP&L and Florida Power, have officially been re-branded Progress Energy. The two companies began ...

NEW YORK — Duke Energy Corp. is buying Progress Energy Inc. for more than $13 billion in stock in a deal that would create one of the nation’s largest utilities. The transaction announced Monday by ...