Progress Energy Donates $15,000 in Scholarships to CFCC

Late last week, Progress Energy’s Eastern Region Vice President, Bob McCall, addressed an enthusiastic group of students, faculty and staff at Cape Fear Community College’s North Campus.

Standing in the college’s electrical technology lab with CFCC President Eric McKeithan at his side, McCall presented the college with a check for $15,000  to students in the college’s vocational and technical programs.

“CFCC has a tremendous history of being a great educator to the community,” McCall said.

“We are very appreciative of the community college system and the quality graduates it produces. Hopefully these dollars will go a long way to continue to help students who need training in these fields,” McCall stated.

Progress Energy has generously supported vocational and technical education at CFCC for the last seven years.

“Scholarships are needed more now than ever. Progress Energy’s ongoing partnership with Cape Fear Community College is a model for other companies to follow in assuring that adequate numbers of highly skilled technicians are available to grow this region’s economy,” Dr. McKeithan said.

The grant from the Progress Energy Foundation will provide scholarships to students in the Electronics Engineering Technology, Electrical/Electronics Technology, Industrial Systems Technology and Computer Engineering Technology programs. The scholarships will be awarded to thirty students in financial need and will cover expenses such as tuition and books.

Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a Fortune 500 energy company with more than 22,000 megawatts of generation capacity and approximately $10 billion in annual revenues. Progress Energy includes two major electric utilities that serve about 3.1 million customers in the Carolinas and Florida. The company has earned the Edison Electric Institute’s Edison Award, the industry’s highest honor, in recognition of its operational excellence, and was the first utility to receive the prestigious J.D. Power and Associates Founder’s Award for customer service. The company is pursuing a balanced strategy for a secure energy future, which includes aggressive energy-efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system. Progress Energy celebrated a century of service in 2008. Visit the company’s Web site at www.progress-energy.com.

Progress Energy invests in a wide variety of local organizations and initiatives to add to the overall quality of life in the area it serves. Grants focus on education, the environment, economic development and employee involvement. During 2009, Progress Energy invested more than $10 million in the communities it serves.

To learn more about providing support for CFCC students, contact the Cape Fear Community College Foundation at 910-362-7207 or visit http://foundation.cfcc.edu/give.

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