Duke Energy expects to pay $100 million to settle a federal criminal investigation. This settlement is a result of the coal ash spill in the Dan River, just over a year ago.
The details are contained in an earnings report filed Wednesday with the Securities and Exchange Commission.
The U.S. attorney's office in Raleigh began the investigation after a spill at Duke Energy's Eden plant coated more than 70 miles of the Dan River in toxic sludge.
U.S. Attorney Thomas Walker has declined to comment. But the extent of records sought by subpoenas in the case suggests that prosecutors are not only looking at the spill, but also at the relationship between Duke Energy and state regulators going back for many years.
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