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Stock impact report

Duke Energy: Dam breached at North Carolina plant and coal ash may be flowing into Cape Fear River [CNBC]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: CNBC
show chapters A Duke Energy dam containing a lake in North Carolina was breached Friday, possibly causing coal ash to flow into the nearby Cape Fear River, the company said. Floodwaters topped a dike at Sutton Lake, a 1,100-acre reservoir at the L.V. Sutton Power Station. That water caused breaches in the dam on the south end of the lake, which was flowing back into the river, a Duke Energy spokeswoman told The Associated Press. The 200-mile Cape Fear River flows into the Atlantic at Wilmington, North Carolina. The Sutton site in Wilmington was home to a coal-fired power plant until 2013, when Duke replaced it with a natural gas power station. Duke dismantled the coal-fired plant by 2017, but the grounds contained about 7 million tons of coal ash in waste pits at the time of its closure. The company is still excavating the ash basins. Coal ash is a byproduct produced primarily at coal-fired power plants. It contains contaminants harmful to human Show less Read more
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