SOURCE: Industrial Info Resources

Industrial Info Resources

May 06, 2013 06:30 ET

Duke Energy Doubles Earnings in First-Quarter 2013, Expects to Bring Major Projects Online This Year, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - May 6, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Duke Energy Company (NYSE:DUK) (Charlotte, North Carolina), a leading U.S. electric power holding company, more than doubled its profits year-over-year in the first quarter of 2013. The company benefited from its merger with Progress Energy (Raleigh, North Carolina) last year, which significantly strengthened earnings, as well as favorable weather and stronger customer rates. Industrial Info is tracking about $75 billion in active projects involving Duke Energy.

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