New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
September 4, 2013
15:24 EDTFEFirstEnergy asks for authorization to sell 11 hydroelectric power stations
FirstEnergy announced its subsidiaries have applied for authorization from the Federal Energy Regulatory Commission to sell 11 hydroelectric power stations in Pennsylvania, Virginia and West Virginia to Harbor Hydro Holdings, a subsidiary of LS Power Equity Partners II. A sales agreement was reached on August 23, and if approved, the proposed transaction is expected to close in the fourth quarter of 2013. The agreement is subject to customary and other closing conditions, including FERC, the Commonwealth of Virginia's State Corporation Commission and various other approvals and resolution of a potential competing license application and other claims related to the Seneca facility also is a condition to closing the proposed transaction. The hydroelectric power stations included in this proposed sale have a total capacity of 527 megawatts, which represents less than 3% of FirstEnergy's generation fleet output, the company said.
News For FE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 19, 2014
10:42 EDTFEFirstEnergy ratifies contract with UWUA Local 102
Subscribe for More Information
December 16, 2014
16:03 EDTFEFirstEnergy elects Charles Jones CEO
Subscribe for More Information
December 10, 2014
07:45 EDTFEWells Fargo to hold a symposium
2014 Wells Fargo Energy Symposium is being held in New York on December 9-10; with webcasted company presentations to begin on December 10 at 8 am; not all company presentations may be webcasted. Webcast Link
December 9, 2014
12:30 EDTFEWells Fargo to hold a symposium
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use