CP&L Growth Leads to New Name
Dec. 7, 2000In the midst of fighting a two-year battle to expand its nuclear waste storage, the Carolina Power & Light Co. holding company has changed its name to Progress Energy Inc. Progress Energy is now the name for the company that controls two major electric utility subsidiaries, the regional electric companies CP&L and Florida Power, as well as other companies such as Progress Telecom, North Carolina Natural Gas and Energy Ventures.
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