AAEA is an environmental organization founded in 1985 that is dedicated to protecting the environment, enhancing human, animal and plant ecologies, promoting the efficient use of natural resources, increasing African American participation in the environmental movement and promoting ownership of energy infrastructure and resources. We resolve environmental problems through the application of practical environmental solutions.
সোমবার, এপ্রিল ০৩, ২০০৬
Duke Energy Buys Cinergy In $9 Billion Acquisition
Duke Energy Corp of Charlotte, NC acquired Cinergy Corp of Cincinnati, OH for $9 billion this week creating one of the nation’s largest utilities with 5.4 million customers and $70 billion in assets. Federal authorities and state regulators in Ohio, Indiana, Kentucky, and South Carolina along with North Carolina also approved the deal. Duke Power in the Carolinas, Cincinnati Gas & Electric in Ohio, Union Light, Heat and Power in Kentucky, and PSI Energy in Indiana are now known as Duke Energy. The N.C.Utilities Commission placed more than 70 conditions on the company, including a requirement that Charlotte-based Duke Energy give North Carolina customers a $117.5 million across-the-board cut in their electricity bills for one year.
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