WBIW.com News - local

Brought to you by WBIW News and Network Indiana

Duke Energy Announces $26 Billion Dollar Merger

Last updated on Tuesday, January 11, 2011

(UNDATED) - Duke Energy has announced that it will merge with Progress Energy in a $26 billion transaction, creating the largest utility in the U.S.

Officials say the combined company will be called Duke Energy, with a customer base of over 7 million customers in Indiana, Kentucky, Ohio, North Carolina, South Carolina and Florida.

Angeline Protogere, spokesperson for Duke's Indiana operations, says the merger will have little direct impact on Indiana customers.

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page