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November 22, 2024
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FirstEnergy Close to Selling Minority Interest in its Transmission Co.
Sale Would Avoid Issuing New Common Equity
FirstEnergy's Akron, Ohio, headquarters
FirstEnergy's Akron, Ohio, headquarters | DangApricot, CC BY-SA-3.0, via Wikimedia
FirstEnergy could announce within weeks the sale of a minority interest — as much as 20% — in its 24,000 mile transmission system.
Company NewsPJMTransmission