ed finley
January 29, 2013 -
An environmental watchdog group has petitioned the N.C. Attorney General to reopen the probe into the controversial Duke-Progress merger, pointing to CEO Jim Rogers' newspaper interview in which he contradicted official testimony and described what sounds like illegal secret talks with state regulators during merger settlement negotiations.
July 23, 2012 -
The $2 billion to be poured into nuclear fleet upgrades turns the Duke-Progress merger into a public soaking instead of a public saving -- which violates the deal's key legal standard.
July 3, 2012 -
Environmental and press watchdogs say Duke Energy is violating public records laws by keeping secret the special rate deals it negotiated with 17 major customers to win their support for the merger, which got final regulatory approval yesterday. In addition, regulators are questioning a surprise change in leadership at the newly merged company.