Duke Energy Progress Files with FERC for Approval to Purchase NCEMPA Generation Assets
Submitted by aburr on Thu, 2014-10-16 15:29Duke Energy Progress filed with FERC for approval to purchase the North Carolina Eastern Municipal Power Agency's (NCEMPA) generating assets for $1.2 billion. NCEMPA currently maintains partial ownership interest in several Duke Energy Progress plants, including Brunswick Nuclear Plant Units 1 and 2, Mayo Plant, Roxboro Plant Unit 4, and the Harris Nuclear Plant. The Power Agency's ownership interest in these plants represents approximately 700 MW of generating capacity.