Market Overview

Progress Energy Carolinas to Retire Lee Coal-Fired Power Plant Sept. 15

Progress Energy Carolinas, a subsidiary of Duke Energy (NYSE: DUK), will officially close the coal-fired H.F. Lee power plant near Goldsboro, N.C., Sept. 15.

This is the second such retirement under the utility's fleet-modernization program, which will help ensure continued grid reliability, reduce the long-term price impact on customers, reduce air emissions and water usage, and offer new economic development opportunities.

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