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Timothy Smith

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Timothy Smith

Re: Fibanotch post# 362

Tuesday, 09/29/2015 5:36:32 PM

Tuesday, September 29, 2015 5:36:32 PM

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Duke Energy (DUK +0.2%) says it has reached a deal with North Carolina's Department of Environmental Quality to pay $7M to resolve claims related to groundwater problems at its coal ash facilities in the state.

North Carolina says the agreement also will trigger accelerated remediation estimated to cost an additional $10M-$15M for the company.

DUK had been facing fines of $25M for groundwater issues at its plant in Wilmington, N.C.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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