Progress Energy Supports Local Economic Development

Many utility companies have reduced their direct involvement in economic development. Here is an example of one that has stuck in there.

Progress Energy has provided grants to enhance economic development in three South Carolina counties. The company is providing $200,000 to support projects in Chesterfield, Dillon and Williamsburg counties.

Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a Fortune 250 diversified energy company with more than 24,000 megawatts of generation capacity and $9 billion in annual revenues.

Progress Energy: http://www.progress-energy.com