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GTE Corporation, formerly General Telephone & Electronics Corporation (1955–1982), was the largest independent telephone company in the United States during the days of the Bell System. The company operated from 1926, with roots tracing further back than that, until 2000, when it was acquired by Bell Atlantic; the combined company took the name Verizon.
Emera Incorporated is a publicly traded Canadian multinational energy holding company based in Halifax, Nova Scotia. Created in 1998 during the privatization of Nova Scotia Power, a provincial Crown corporation, Emera now invests in regulated electricity generation as well as transmission and distribution across North America and the Caribbean.
Progress Energy, headquartered in Raleigh, North Carolina, is a subsidiary of Duke Energy and prior to its merger with Duke Energy was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. As an independent company, the last chairman and CEO of Progress Energy was William D. Johnson; his predecessor was Robert McGehee, who died on October 9, 2007, at the age of 64 of a stroke while on a business trip to London.
American Electric Power Company, Inc. (AEP), is a major investor-owned electric utility in the United States, delivering electricity to more than five million customers in 11 states.
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina.
Aquila, Inc. was an electricity and natural gas distribution network headquartered in Kansas City, Missouri in the United States. The company also owned and operated power generation assets. It previously operated under the name UtiliCorp United, Inc. The company at one time ranked #33 on the Fortune 500 list.
First Union Corporation was a bank holding company that provided commercial and retail banking services in eleven states in the eastern U.S. First Union also provided various other financial services, including mortgage banking, credit card, investment banking, investment advisory, home equity lending, asset-based lending, leasing, insurance, international and securities brokerage services and private equity, through other subsidiaries. In September 2001, First Union completed their acquisition of Wachovia National Bank to become Wachovia Corporation, which used to be one of the largest financial holding companies in the US. As of the end of 2000, First Union had over $171 billion of total assets, over 70,000 employees and 2,193 branches. After their acquisition of Wachovia, they assumed the name and stock ticket symbol of the latter company.
Ameren Corporation is an American power company created December 31, 1997, by the merger of St. Louis, Missouri's Union Electric Company and the neighboring Central Illinois Public Service Company of Springfield, Illinois. It is now a holding company for several power companies and energy companies. The company is based in St. Louis, serving 2.4 million electric, and 900,000 natural gas customers across 64,000 square miles in central and eastern Missouri and the southern four-fifths of Illinois by area.
WEC Energy Group is an American company based in Milwaukee, Wisconsin that provides electricity and natural gas to 4.4 million customers across four states.
Avangrid, Inc., is an energy services and delivery company. AVANGRID serves about 3.1 million customers throughout New England, Pennsylvania and New York in the United States.
The Crystal River Energy Complex consists of seven power-generating plants on a 4,700-acre (1,900 ha) site near the mouth of the Crystal River in Citrus County, Florida. Crystal River 1, 2, 4, and 5 are fossil fuel power plants. Crystal River 3 was previously the sole nuclear power plant on the site (1977-2013). The Crystal River Combined Cycle site consists of two Mitsubishi gas turbines, which came on-line in 2018. The complex was developed in the early 1960s by the Florida Power Corporation and sold to Progress Energy Inc in 2000. Following Progress Energy's merger with Duke Energy in 2012, the facility is owned and operated by Duke Energy.
Duke Energy Florida, formerly Florida Power, was the generation, transmission, and distribution sector of Florida Progress Corporation. The company distributed power over much of central and north Florida. Their service area covers approximately 13,000 square miles. Along with that, the company supplies electric service to approximately 1.8 million residential, commercial and industrial customers in the state. Florida Progress merged with Carolina Power & Light in 2000 to form Progress Energy. Progress Energy merged with Duke Energy in 2012. Today the Florida operations operate as Duke Energy Florida.
Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock with headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.7 million residential, commercial and industrial customers in Kansas and Missouri. Its more than 40 power plants have generating capacity of 16,000 megawatt electricity in Kansas and Missouri. Service territory covers 28,130 square miles (72,900 km2) in east Kansas and west Missouri. It owns more than 10,100 miles (16,300 km) of transmission lines and about 52,000 miles (84,000 km) of distribution lines.
Progress Rail Services Corporation, a fully owned subsidiary of Caterpillar since 2006, is a supplier of railroad and transit system products and services headquartered in Albertville, Alabama. Founded as a recycling company in 1982, Progress Rail has increased the number of its product and service offerings over time to become one of the largest integrated and diversified suppliers of railroad and transit system products and services in North America. Progress Rail markets products and services worldwide and maintains 110 facilities in the United States, 34 in Mexico, 4 in Canada, 2 in Brazil, 5 in UK, 1 in Italy, and 1 in Germany. Progress Rail is organized into two divisions: Infrastructure and Rolling Stock.
NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity, revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada. It is the world's largest electric utility holding company by market capitalization, with a valuation of over $120 billion as of Nov 2023.. Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), NextEra Energy Partners, Gulf Power Company, and NextEra Energy Services.
Peter Terrell Loftin was an American telecom entrepreneur who founded Business Telecom, Inc. (BTI) when he was only 25 years old and built it up to a multimillion-dollar company that was eventually merged with Deltacom.
Red Hat Tower is the headquarters of Red Hat. It is located at Raleigh, North Carolina, United States. It was completed in 2004 at a cost of $100 million as a headquarters for Progress Energy Inc and has 19 floors and 366,000 square feet (34,000 m2) of space. It is owned by J.P. Morgan Trust Co.
One Progress Plaza is a high-rise building in Raleigh, North Carolina. It was completed in 1977 as a headquarters for Carolina Power & Light and has 21 floors and 440,000 square feet (41,000 m2) of space. It is owned by Hawthorn Associates.
Lynn J. Good is chair, president and chief executive officer of Duke Energy, a Fortune 500 company. Good is an Ohio native and graduated from Miami University where she earned a BS in Systems Analysis and in Accounting (1981).
The H.F. Lee Energy Complex, formerly the Goldsboro Plant, is an electrical power generating complex operated by Duke Energy. The power complex was originally owned by the Carolina Power & Light Company, which inaugurated a coal-fired power plant in 1951. Two more coal plants were added in 1952 and 1962, and then oil-fueled turbines were added in 1967–71. In 2012 these units were shut down and replaced by four gas-fired units. The Quaker Neck Lake was built as a cooling pond for the coal-fired power stations, and is still used to supply cooling water. It was originally impounded by a low dam on the Neuse River, but in 1998 the dam was removed, while the lake remained contained in an earthen wall. This change allowed fish to migrate further upstream for spawning. Ash ponds near the lake hold toxic coal ash. There are plans to remove and recycle or bury the ash.
References
- ↑ Murawski, John (2011-01-10). "Merger means uncertainty for Raleigh utility's workers". News & Observer . Archived from the original on 2011-01-11. Retrieved 2011-01-10.
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