Let there be lights
Plugging Progress Energy into Duke Energy will create the nation’s largest utility. Here’s what it will look like
Jim Rogers will hand over Duke Energy’s CEO job to Progress Energy CEO Bill Johnson and become executive chairman of the combined company, which will be based in Charlotte.
Charlotte-based Duke Energy Corp.’s $26 billion purchase of Raleigh-based Progress Energy Inc. is expected to close by year-end.
Click here for a PDF of the Duke Energy/Progress Energy chart spread.