FirstEnergy
Reversing FERC, the D.C. Circuit ruled that developers of the abandoned PATH transmission line must refund $6 million spent to influence public officials.
FirstEnergy announced $3.4 billion in new equity financing from two global investors that it believes will position it for long-term EPS growth of 6 to 8%.
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.
FERC authorized two Icahn Capital employees to have voting rights on the FirstEnergy Board of Directors.
Utilities are seeking Congressional help to defeat FERC’s proposal to eliminate the transmission rate adder for remaining in RTOs.
FirstEnergy has disclosed it is negotiating with the U.S. Department of Justice regarding its role in a $60 million bribery and racketeering scheme.
FirstEnergy Corp. has named Antonio Fernández as vice president and chief ethics and compliance officer effective April 12.
FirstEnergy announced it had reached an agreement with Icahn Capital to add two of the conglomerate’s employees as new members to the utility’s board.
FirstEnergy updated investors on the ongoing investigation into House Bill 6 and disclosed investor Carl Icahn is looking to acquire a stake in the company.
COVID-19 was the defining problem of 2020 as PJM worked to overcome difficulties in coordinating deliberations on a host of issues, including the MOPR.
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