Progress Energy Overview

  • Founded
  • 1925
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 29,060
Employees
  • Latest Deal Type
  • M&A
  • Financing Rounds
  • 4
  • Investments
  • 3

Progress Energy General Information

Description

Operator of electric utility companies serving the states of North and South Carolina. The company is primarily engaged in the generation, transmission, distribution and sale of electricity. Its service area covers approximately 32,000 square miles and supplies electric service to approximately 1.5 million residential, commercial and industrial customers.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Primary Industry
Electric Utilities
Parent Company
Primary Office
  • Post Office Box 1771
  • Raleigh, NC 27602
  • United States
+1 (704) 000-0000
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Progress Energy Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Progress Energy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of electric utility companies serving the states of North and South Carolina. The company is primarily engaged
Electric Utilities
Raleigh, NC
29,060 As of 2017
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00.00 0000-00-00
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000000 0000000000
Charlotte, NC
00000 As of 0000
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Progress Energy Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
0000 000000 Potential Target Charlotte, NC 00000 000000&0
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Progress Energy Executive Team (6)

Name Title Board Seat Contact Info
Peter Scott III Chief Financial Officer
Joel Kamya Vice President
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Progress Energy Board Members (3)

Name Representing Role Since
000000 0000000000 Self Board Member 000 0000
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Progress Energy Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Progress Energy Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Progress Energy Investments & Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 000000000 09-Jul-2001 000000000 00000 00 Buildings and Property 0000 00000
00000000 00000 000 08-Dec-2000 000000000000000000 Electric Utilities 0000000 000000000 000
AEP River Operations 01-Nov-2000 Merger/Acquisition Logistics
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Progress Energy Subsidiaries (2)

Company Name Industry Location Founded
Progress Energy Pension Plans Master Trust Corporate Pension Charlotte, NC 2007
00000000 0000000 Internet Service Providers St. Petersburg, FL 0000
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Progress Energy Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
000 00000 00000000 01-Nov-2000 000000000000000000 Completed
  • 00000000 000000
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