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117. Progress Energy Inc

Company Info

State or country

North Carolina

Geographical Location

Americas

Assets

$33,054 mil

Revenues

$10,190 mil

Profits

$860 mil

Return on invested
capital (ROIC)

3 yr CGR % Revenues

Company data as of 6/01/2011 provided by S&P Capital IQ

Company Snapshot

Progress Energy, Inc., a utility holding company, engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina, and Florida. It uses coal, oil, hydroelectric, natural gas, and nuclear power to generate electricity.

The company also engages in various alternative energy projects to generate electricity from swine waste and other plant or animal sources, biomass, solar, hydrogen, and landfill-gas technologies.

Progress Energy serves various industries, including chemicals, textiles, paper, food, metals, wood products, rubber and plastics, and stone products, as well as phosphate rock mining and processing, electronics design and manufacturing, and citrus and other food processing.

It has approximately 22,000 megawatts of regulated electric generation capacity and serves approximately 3.1 million retail electric customers, as well as other load-serving entities.

The company was formerly known as CP&L Energy, Inc.

Progress Energy, Inc. was founded in 1925 and is headquartered in Raleigh, North Carolina.

Data provided by


Mr. William D. Johnson, 57
TITLES:
Chairman, Chief Executive Officer, President and Chairman of Executive Committee
Data provided by

Top 250

117. Progress Energy Inc

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