Under the deal, public power towns like Smithfield will keep their electric systems but sell their shares in power plants.
Under the deal, public power towns like Smithfield will keep their electric systems but sell their shares in power plants. FILE PHOTO
Under the deal, public power towns like Smithfield will keep their electric systems but sell their shares in power plants. FILE PHOTO

Feds approve $1.2B deal for Duke to buy power assets from Eastern NC towns

December 19, 2014 07:43 AM