Progress Energy Provides Support to the Arts in North Carolina

Progress Energy Provides Support to the Arts in North Carolina

RALEIGH, N.C., July 27 /PRNewswire/ -- Progress Energy today announced donations totaling $555,000 toward several arts programs in North Carolina.

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"Progress Energy is committed to supporting arts organizations and programs that have positive economic impacts for communities across North Carolina," said Fred Day, president and CEO of Progress Energy Carolinas.

Progress Energy grants will support thought-provoking exhibits and films at the Exploris Museum and IMAX Theatre. Other grants support the North Carolina Symphony's statewide initiative to bring 30 concerts to 11 communities throughout the state, the Opera Company of North Carolina's season performances and the Carolina Ballet's production of the Nutcracker. Many of these shows will take place at the Progress Energy Center for Performing Arts, Raleigh's premier downtown arts destination.

Progress Energy believes there's nothing more powerful than strong communities. Because our success is wholly intertwined with that of the cities, towns and people we serve, the company takes an active role in building and supporting communities - identifying opportunities that will have a lasting impact and thoughtfully committing resources and time to them.

"Progress Energy's support of the arts helps improve the quality of life and economic vitality that is so important to attracting new business and making North Carolina one of the best places to live and work," said Day.

Progress Energy, headquartered in Raleigh, N.C., is a Fortune 250 diversified energy company with more than 24,000 megawatts of generation capacity and $10 billion in annual revenues. The company's holdings include two electric utilities serving approximately 3 million customers in North Carolina, South Carolina and Florida. Progress Energy also includes nonregulated operations covering energy marketing and natural gas exploration. Progress Energy was the 2005 recipient of the prestigious J.D. Power and Associates Founder's Award for dedication, commitment and sustained improvement in customer service. For more information about Progress Energy, visit the company's Web site at progress-energy.com.

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Source: Progress Energy

CONTACT: Progress Energy 24-hour media line, +1-877-641-6397, or
+1-919-546-6189

Web site: http://www.progress-energy.com/

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