Piedmont Natural Gas.
| Position | Regional Report: Charlotte |
In a deal expected to close mid-year, Charlotte-based Piedmont Natural Gas will pay Raleigh-based Progress Energy $425 million for its gas-distribution subsidiary, the former North Carolina Natural Gas, plus its share of EasternNC, a joint venture with Albemarle Pamlico Economic Development to bring natural gas to 14 Eastern North Carolina counties. Combined, the...
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