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 were overtop an dike at Sutton Lake, a 1,100-acre reservoir at the L.V. Sutton Power Station. That water has caused breaches in the dam on the south end of the lake, which is flowing back into the river.
Duke energy shares, which were higher before the news hit, rolled over and were last down about 1.7 percent.
— This story is developing. Please check back for updates.
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From CNBC: Duke Energy says dam breached at North Carolina plant and coal ash may be flowing into Cape Fear River