PGN meaning in Business ?

Answer:

What is Progress Energy, Inc. mean?

Progress Energy, headquartered in Raleigh, North Carolina, is a subsidiary of Duke Energy and prior to its merger with Duke Energy was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. As an independent company, the last chairman and CEO of Progress Energy was William D. Johnson; his predecessor was Robert McGehee, who died on October 9, 2007 at the age of 64 of a stroke while on a business trip to London.

Progress Energy is the majority owner and operator of the Brunswick, Crystal River 3, Robinson, and Shearon Harris nuclear power plants.

On October 16, 1999, third quarter earnings of Florida Progress Corp. fell 20.5 percent as damage from Hurricane Floyd.

On August 24, 1999, Carolina Power & Light Co. said that it would acquire Florida Progress Corp. for $5.3 billion, creating the nation's ninth-largest electric utility.

The company's current slogan is, "People, performance, excellence."

reference

Full Form	Category
Parametar Group Numer	Academic & Science
Pangia	Airport Code
Progress Energy, Inc.	Business
Pagan	Community
Pine Gate Sangha	Community
Philadelphia Gay News	Community
Portable Game Notation	Computing
Program Name	Computing
Program Number	Computing
Producers Guild Nigeria	Country Specific
Pigeoncoin	Cryptocurrency
Phi Gamma Nu	General
Parameter Group Number	General
Perusahaan Gas Negara	General
Procurement Guidance Note	General
PERUGAMANI	Indian Railway Station
Procuradoria General de la Nación	International
Prankster Gangster Nation	Internet
Pigeon	Medical
Pangia, Papua New Guinea	Regional
Pro Gaming Network	Sports