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  1. Duke Energy, NC Agency Disputing $6.6M Fine For Coal Ash Pollution

    by Emery P. Dalesio, AP Business Writer

    News Duke Energy denies that the 112 million tons of coal ash in its 33 storage pits are polluting ... negotiating with North Carolina's environment agency over a $6.6 million fine to punish Duke Energy for ... hearing may help resolve the disputed fine for polluting the Dan River in 2014. Duke Energy Corp. has ...

  2. Duke Energy 2Q Profit Falls More Than 6 Percent

    by The Associated Press

    News Duke Energy's second-quarter profit fell more than 6 percent due to unfavorable weather ... — Duke Energy's second-quarter profit fell more than 6 percent due to unfavorable weather ... the end of the year. Duke Energy reported net income of $509 million, or 74 cents per share, in the ...

  3. Duke Energy-Piedmont Natural Gas Offer Reasons Behind Merger

    by EMERY P. DALESIO, AP Business Writer

    The heads of Duke Energy Corp. and Piedmont Natural Gas Co. are on the witness stand as they ... RALEIGH, N.C. (AP) — The heads of Duke Energy Corp. and Piedmont Natural Gas Co. are on the witness stand ... Commission on Monday hears Duke Energy CEO Lynn Good and Piedmont Natural Gas head Thomas Skains defend their ...

  4. Duke Energy CEO: Buyout Foresees Greater Natural Gas Demand

    by EMERY P. DALESIO, AP Business Writer

    News Duke Energy Corp.'s purchase of Piedmont Natural Gas Co. will create a company with the ... away from coal. EMERY P. DALESIO, AP Business Writer RALEIGH, N.C. (AP) — Duke Energy Corp.'s ... fuel, the chief executive of the country's largest electric company said Monday. Duke Energy is ...

  5. Duke Energy Signs Deal to Turn Pig Poop Into Electricity

    by EMERY P. DALESIO, AP Business Writer

    News Duke Energy Corp. said Monday it is expanding its renewable energy from livestock waste, ... turbines and acres of solar arrays. EMERY P. DALESIO, AP Business Writer RALEIGH, N.C. (AP) — Duke Energy ... enough for Duke Energy to generate enough electricity to power about 10,000 homes a year. The project is ...

  6. The Massive Cost of Cleaning Duke Energy's Toxic Coal Ash Pit

    by EMERY P. DALESIO, AP Business Writer

    say it's past time to move the stuff. For the past 10 months, Duke Energy has been providing ... byproducts include arsenic, chromium, lead, and boron. Duke Energy's lawyers admit that over the past 90 ... million to settle allegations of groundwater pollution at its coal ash pits. Duke Energy also pleaded ...

  7. Duke Energy Clears Hurdle In Proposed Acquisition Of Piedmont Natural Gas

    by PRNewswire

    News Duke Energy's proposed acquisition of Piedmont Natural Gas has cleared a key condition ... Carolina Utilities Commission. Duke Energy and Piedmont also are providing information regarding the ... 30-day waiting period, Duke Energy, Hart-Scott-Rodino Antitrust Improvements, Federal Trade Commission, ...

  8. Duke Energy Buying Piedmont Natural Gas $4.9B

    by The Associated Press

    CHARLOTTE, N.C. (AP) — Duke Energy will spend about $4.9 billion in cash to acquire Piedmont ... Duke Energy Corp. will also assume approximately $1.8 billion in Piedmont debt. Piedmont will keep its ... Duke's board. It will become a unit of Duke Energy. Both companies unanimously approved the transaction, ...

  9. Duke Energy Buying Piedmont Natural Gas For $4.9B

    by The Associated Press

    Duke Energy will spend about $4.9 billion in cash to acquire Piedmont Natural Gas, adding about ... common stock. That's a 42 percent premium to Friday's closing price. Duke Energy Corp. will ... a unit of Duke Energy. Both companies unanimously approved the transaction, which is targeted to close by ...

  10. Duke Energy Discontinues Plan To Run Power Line Over Carolina Mountains

    by The Associated Press

    Duke Energy is dropping plans to build a 45-mile power line across the mountains of North Carolina ... Spartanburg. Instead, Duke Energy will build two smaller natural gas plants to replace the coal plant that the ... the utility's Carolinas region. Environmental groups, which thanked Duke Energy for the change of ...

  11. Federal Judge Hits NC Agency For Duke Energy Coal Ash Duties

    by EMERY P. DALESIO, Associated Press

    hard to force Duke Energy to clean up toxic groundwater pollution near a coal-burning power plant where ... coal ash leaking from Duke Energy storage pits around the Buck power plant on the Yadkin River near ... years" and not "filed any motions requiring Duke Energy to clean up its sites." DEQ is ...

  12. Duke Energy Reaches $7 Million Deal With NC on Coal Ash

    by JONATHAN DREW, Associated Press

    RALEIGH, N.C. (AP) — Duke Energy agreed Tuesday to pay North Carolina regulators $7 million to ... regulators at Duke Energy's coal ash basins around the state. The settlement also triggers accelerated ... total. However, Duke Energy spokeswoman Paige Sheehan said the company hasn't determined how much ...

  13. Duke Energy Settles $7M Deal With North Carolina Over Pollution Allegations

    by Jonathan Drew, The Associated Press

    Duke Energy agreed Tuesday to pay North Carolina regulators $7 million to settle allegations of ... Duke Energy's coal ash basins around the state. The settlement also triggers accelerated cleanup at the retired ... Duke Energy spokeswoman Paige Sheehan said the company hasn't determined how much the accelerated cleanups will cost. ...

  14. Feds, Duke Energy Settle On Pollution At Coal-Burning Plants

    by Emery P. Dalesio, AP Business Writer

    they are settling a 15-year-old legal case over claims that Duke Energy violated federal clean air laws ... environmental mitigation projects. Charlotte-based Duke Energy recently shut down 11 of the 13 North Carolina ... units at five power plants, which become permanent as part of the deal. Duke Energy must continuously ...

  15. Duke Energy Reaches $7M Deal With NC On Coal Ash

    by Jonathan Drew, Associated Press

    RALEIGH, N.C. (AP) — Duke Energy agreed Tuesday to pay North Carolina regulators $7 million to ... regulators at Duke Energy's coal ash basins around the state. The settlement also triggers accelerated ... total. However, Duke Energy spokeswoman Paige Sheehan said the company hasn't determined how much ...

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