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Progress Energy Sticks With Levy Nuclear Plant, Despite Low Gas Prices and Rising Construction Costs, an Industrial Info News Alert


April 6, 2012 - SUGAR LAND, TX

Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Progress Energy Florida (St. Petersburg, Florida), a unit of Progress Energy Incorporated (NYSE:PGN) Raleigh, North Carolina), remains committed to constructing the two-unit Levy County Nuclear Power Station, despite historically low natural gas prices and spiraling costs for new-build nuclear construction.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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