Progress Energy, Inc.

Progress Energy, Inc.

Progress Energy, Inc.

Overview
Date Founded

1999

Headquarters

410 South Wilmington Street,Raleigh, NC 27601-1748

Type of Company

Private

Employees (Worldwide)

10K - 1M

Industries

Power & Utilities
Other Business & Consulting Services
Appliances & Electronics

Company Description

Progress Energy, Inc. is a public utility holding company. It engages in electric utilities and infrastructure activities. The company was founded on August 19, 1999 and is headquartered in Raleigh, NC.

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Executives & Employees

Chief Executive Officer & Director

Assistant Secretary

Chief Financial Officer & Senior Vice President

Chief Project Engineer

Account Executive

Account Executive

President, Progress Fuels Corporation

Chief Accounting Officer, Senior Vice President-Tax & Controller

Information Technology Executive

Board of Directors

Chief Executive Officer & Director at Progress Energy, Inc.

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Progress Energy, Inc.
Recent Transactions
Details Hidden

Duke Energy Corp. purchases Progress Energy, Inc.

Details Hidden

Progress Energy, Inc. issued USD Common Stock

Details Hidden

Kelso & Co. LP, Resource Capital Funds, Pegasus Argentina SA, Powell Mountain Coal Co. /Private Group purchase Powell Mountain Coal Co. from Progress Energy, Inc.

Transaction Advisors
Legal Advisor

Advised onDuke Energy Corp. purchases Progress Energy, Inc.

Auditor

Advised onProgress Energy, Inc. issued USD Common Stock

Underwriter

Advised onProgress Energy, Inc. issued USD Common Stock

Legal Advisor

Advised onThe Southern Company, Southern Power Co. purchase DeSoto County Generating Co. LLC from Progress Energy, Inc.

Co-Head, Corporate Finance & Mergers & Acquisitions Group

Advised onDuke Energy Corp. purchases Progress Energy, Inc.

Investment Advisor

Advised onDuke Energy Corp. purchases Progress Energy, Inc.

Advisors & Consultants
Advisor

Former Vice Chairman & Senior Partner, Energy & Resources at Deloitte LLP

Legal Advisor

Partner at Bennett Jones LLP

Advisor

Co-Founder at Plot Leadership

Clients

THE AGENCY IS A PARTNER IN THE CREATION OF A SOCIETY IN WHICH LOW INCOME PEOPLE ARE SUPPORTED IN THEIR EFFORTS TO BECOME SELF-SUFFICIENT AND WHERE VULNERABLE POPULATIONS ACHIEVE THEIR FULL POTENTIAL. THE AGENCY IS COMMITTED TO CONTINUOUSLY INCREASING ITS CAPACITY TO ACHIEVE RESULTS AND IMPROVING THE QUALITY OF LIFE FOR ALL GENERATIONS.

Key Stats and Financials As of 2019
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$11.2B
EBITDA
$4.49B
Non-Profit Donations & Grants
Political Donations
Investments
Details Hidden

Caronet, Inc. provides fiber optic telecommunications services to the telecommunications industry. The company is headquartered in Atlanta, GA

Details Hidden

Progress Telecom, Inc. provides wireless and land-line phone services. It offers broad band network services in the US. The company also provides private line and Ethernet services as well as IP, fixed wireless and optical wavelength services. Progress Telecom was founded in 1998 by Ronald J. Mudry and is headquartered in St. Petersburg, FL.

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