Clayton S. Hinnant

Progress Energy, Inc. is a public utility holding company. It engages in electric utilities and infrastructure activities. The company was founded on August 19, 1999 and is headquartered in Raleigh, NC.

Carolina Power & Light Co. generates, transmits, distributes and sells electricity in portions of North Carolina and South Carolina. It has three hydroelectric generating plants, Walters, Tillery and Blewett, which are licensed by the Federal Energy Regulatory Commission. It also owns the Marshall Plant, which has a license exemption. Carolina Power & Light generates power through the consumption of various fuels, such as coal, nuclear, oil & gas, combined cycle, and hydroelectric resources. It serves chemicals, textiles, paper, food, metals, wood products, rubber & plastics, and stone products industries. The company was founded in 1908 and is headquartered in Raleigh, NC.

Florida Power Corp. engages in the generation, transmission, distribution and sale of electricity in west-central Florida. It also owns and operates nuclear generating unit. The company serves a territory including the cities of St. Petersburg and Clearwater, as well as the Central Florida area surrounding Orlando. Florida Power was founded in 1899 and is headquartered in St. Petersburg, FL.