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Progress Energy

Progress Energy, Inc. (Progress Energy) is an integrated energy company serving the southeast region of the United States. The Company's wholly owned regulated subsidiaries, Carolina Power & Light Company (PEC) and Florida Power Corporation (PEF) (collectively, the Utilities), each a business segment, are primarily engaged in the generation, transmission, distribution and sale of electricity in portions of North Carolina, South Carolina and Florida. Its non-regulated Coal and Synthetic Fuels segment is involved in the production and sale of coal-based solid synthetic fuels as defined under the Internal Revenue Code (the Code), the operation of synthetic fuels facilities for third parties, as well as coal terminal services. Progress Energy’s terminal operations support its synthetic fuels operations for the procuring and processing of coal and the transloading and marketing of synthetic fuels.

Official website:www.progress-energy.com