Tag: Duke Energy

Duke Energy to acquire Piedmont Natural Gas for $4.9 billion in cash

Duke Energy to acquire Piedmont Natural Gas for $4.9 billion in cash

Piedmont shareholders receive $60 cash for each share of common stock, 40% premium over Oct. 23 closing price Duke Energy, the largest US electrical utility, announced Monday it is acquiring Piedmont Natural Gas for approximately $4.9 billion in cash. The boards of directors of both companies have unanimously approved the deal. “We look forward to welcoming Piedmont’s employees […]

By October 26, 2015 0 Comments Read More →
Marcellus gas pipeline through WV forest concerns feds

Marcellus gas pipeline through WV forest concerns feds

Proposed Marcellus pipeline travels through national forests RICHMOND, Va. – The U.S. Forest Service has raised hundreds of concerns about a proposed natural gas pipeline that would carve a 30-mile swath through national forests in Virginia and West Virginia. The written comments to federal regulators question why the proposed route of the Atlantic Coast Pipeline has to […]

Toxicity found in well water near Duke coal ash dumps

Toxicity found in well water near Duke coal ash dumps

Residents near Duke coal ash dumps told not to drink well water North Carolina officials are advising dozens of residents near Duke Energy coal ash dumps not to drink or cook with water from their wells after tests showed contamination with toxic heavy metals. The state Department of Environment and Natural Resources said Tuesday that […]