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Last updated on April 23, 2014 at 21:24 EDT

Latest FirstEnergy Corp. Stories

2014-02-26 12:21:31

Company Increases Investment in Infrastructure Projects Designed to Help Reduce Number and Duration of Outages READING, Pa., Feb. 26, 2014 /PRNewswire/ -- As part of its ongoing efforts to strengthen the durability and flexibility of its electric system, FirstEnergy Corp. (NYSE: FE) plans to invest $228 million in 2014 in service reliability infrastructure upgrades in its Pennsylvania Electric Company (Penelec) 31-county service territory. This represents about a $66 million increase...

2014-02-25 08:25:13

Affirms 2014 Earnings Guidance AKRON, Ohio, Feb. 25, 2014 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced fourth quarter 2013 basic operating earnings* of $0.75 per share of common stock. These results exclude the impact of the special items listed below. This compares to basic operating earnings of $0.80 per share of common stock in the fourth quarter of 2012. On a GAAP basis, the company reported unaudited basic and diluted earnings of $0.34 per share of common...

2014-02-24 12:21:34

Company Increases Investment in Infrastructure Projects Designed to Help Reduce Number and Duration of Outages GREENSBURG, Pa., Feb. 24, 2014 /PRNewswire/ -- As part of its ongoing efforts to strengthen the durability and flexibility of its electric system, FirstEnergy Corp. (NYSE: FE) plans to invest about $160 million in 2014 on infrastructure upgrades to enhance service reliability in West Penn Power's 24-county service area. This represents about a $41 million increase compared to what...

2014-02-24 12:21:32

Company Increases Investment in Infrastructure Projects Designed to Help Reduce Number and Duration of Outages READING, Pa., Feb. 24, 2014 /PRNewswire/ -- As part of its ongoing efforts to strengthen the durability and flexibility of its electric system, FirstEnergy Corp. (NYSE: FE) plans to invest $140 million in 2014 on service reliability infrastructure upgrades in its Metropolitan Edison Company (Met-Ed) 15-county service area. This represents about a $55 million increase compared to...

2014-02-21 08:22:43

AKRON, Ohio, Feb. 21, 2014 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release fourth quarter and full-year 2013 earnings before markets open on Tuesday, February 25. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 1 p.m. EST that day. A question-and-answer session will follow. Investors, customers and other interested parties are invited to listen to a live webcast of the call via FirstEnergy's Investor...

2014-02-20 12:22:36

Company Increases Investment in Infrastructure Projects Designed to Help Reduce Number and Duration of Outages AKRON, Ohio, Feb. 20, 2014 /PRNewswire/ -- As part of its ongoing efforts to improve the durability and flexibility of its electric system, FirstEnergy Corp. (NYSE: FE) plans to invest about $176 million in 2014 on service reliability infrastructure upgrades in its Cleveland Electric Illuminating Company (CEI) northeast Ohio service territory. This represents about a $27 million...

2014-02-19 08:24:35

Company Increases Investment in Infrastructure Projects Designed to Help Reduce Number and Duration of Outages AKRON, Ohio, Feb. 19, 2014 /PRNewswire/ -- As part of its ongoing efforts to improve the durability and flexibility of its electric system, FirstEnergy Corp. (NYSE: FE) plans to invest more than $475 million in 2014 on service reliability infrastructure upgrades in its Ohio Edison service territory. This represents about a $233 million increase compared to what the company spent on...

2014-02-18 16:21:01

Company Increases Investment in Infrastructure Projects to Enhance Reliability and Reduce Outages TOLEDO, Ohio, Feb. 18, 2014 /PRNewswire/ -- As part of its ongoing efforts to improve the durability and flexibility of its electric system, FirstEnergy Corp. (NYSE: FE) plans to invest nearly $100 million in infrastructure upgrades in its Toledo Edison service area in 2014. This represents about a $25 million increase over what the company invested in reliability and infrastructure projects in...

2014-02-12 16:21:57

MORRISTOWN, N.J., Feb. 12, 2014 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) has implemented its storm restoration plan in anticipation of a winter storm that is expected to impact the area beginning on Thursday. JCP&L meteorologists monitoring the developing weather conditions have determined that portions of JCP&L's service area in northern New Jersey could receive heavy snow. Areas in central New Jersey may receive less accumulating snow and occasional...

2014-02-12 16:21:54

AKRON, Ohio, Feb. 12, 2014 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has completed the sale of 11 hydroelectric power stations to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP, for approximately $395 million. The two companies originally announced the sales agreement in September 2013. The hydroelectric power stations included in this sale are owned by FirstEnergy Generation, LLC, Allegheny Energy Supply Company, LLC and Green Valley Hydro, LLC and...