Duke-Piedmont Deal Nears Final Regulatory Approval

摘要

The proposed Duke Energy Corp.-Piedmont Natural Gas Inc. tie-up is nearing final regulatory approval in North Carolina after the companies and the state's consumer advocate agency, the Public Staff, submitted a proposed order last week approving the transaction. The next step will be for the North Carolina Utilities Commission to review and rule on the proposed order, which would clear the way for the two Charlotte, NC-based utilities to complete their merger.