As filed with the Securities and Exchange Commission on June 16, 2004
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of report (date of earliest event reported): June 15, 2004
PROGRESS ENERGY, INC.
(Exact name of registrant as specified in its charter)
| | | | |
| North Carolina | | 1-15929 | | 56-2155481 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
410 S. Wilmington Street, Raleigh, North Carolina 27601-1748
(Address of principal executive offices)
Registrant’s telephone number, including area code: (919) 546-6111
NONE
(Former name, former address and former fiscal year, if changed from last report)
ITEM 9. REGULATION FD DISCLOSURE
The information in this report (including the exhibit) is furnished pursuant to Item 9 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The furnishing of this report is not intended to constitute a determination by Progress Energy, Inc. (“Progress Energy” or the “Company”) that the information is material or that the dissemination of the information is required by Regulation FD.
On June 15, 2004, Progress Energy’s subsidiary Progress Fuels Corporation entered into two transactions to sell a combined 49.8 percent partnership interest in Colona Synfuel Limited Partnership, LLLP, one of its synthetic fuel operations. A copy of the press release regarding the transactions is being furnished as Exhibit 99.1. Exhibit 99.1 is incorporated by reference into this Item 9.
Progress Energy regards any information provided in the press release to be current and accurate only as of the date of the press release and specifically disclaims any duty to update such information unless it is necessary to do so in accordance with applicable law.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve estimates, projections, goals, forecasts, assumptions, risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. Examples of factors that you should consider with respect to any forward-looking statements made throughout this document include but are not limited to, the following: factors affecting the synthetic fuel plants, including cash flows derived from the synthetic fuel plants, market acceptance of synthetic fuel, competition from competing products, impacts of environmental regulations on potential buyers of synthetic fuel, and income tax issues related to synthetic fuel tax credits. All such factors are difficult to predict, contain uncertainties that may materially affect actual results, and may be beyond the control of Progress Energy. New factors emerge from time to time, and it is not possible for management to predict all of such factors, or to assess the effect of each such factor on Progress Energy.
Any forward-looking statement speaks only as of the date on which such statement is made, and Progress Energy does not undertake any obligation to update any forward-looking statement or statements to reflect events or circumstances after the date on which such statement is made.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
99.1 Press Release, dated June 16, 2004.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| PROGRESS ENERGY, INC. |
Registrant |
| |
By: | | /s/ Geoffrey S. Chatas
|
| | | Geoffrey S. Chatas |
| | | Executive Vice President |
| | | and Chief Financial Officer |
Date: June 16, 2004
EXHIBIT INDEX
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Exhibit No.
| | Exhibit Description
|
| 99.1 | | Press Release, dated June 16, 2004 |
