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FirstEnergy Corp. is a major regulated electric utility serving 6 million customers across the Midwest and Mid-Atlantic, with a $47.52 billion enterprise value. Despite a 10.50% stock rise, FirstEnergy underperformed the S&P 500 and U.S. Utilities Index over 14 months, which saw over 30% gains in the same period. FirstEnergy's $26 billion capital spending plan (2024-2028) aims to meet rising electricity demand, especially from AI data centers, promising future revenue growth.
AKRON, Ohio , Jan. 17, 2025 /PRNewswire/ -- As frigid weather grips the region, FirstEnergy Corp. (NYSE: FE) electric companies remind customers of steps they can take to stay safe and better manage energy bills that may climb due to the cold weather. Based on current forecasts, all of FirstEnergy's six-state footprint will be affected by the cold snap, with sub-zero temperatures likely to arrive early next week and lasting several days.
HOLMDEL, N.J. , Jan. 16, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading a northern New Jersey transmission substation to better enhance reliability for customers in Sussex County.
Projects benefit 4,000+ customers in Neptune Township, Monmouth Beach and Sea Bright HOLMDEL, N.J. , Jan. 16, 2025 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is wrapping up the last of a pair of electric system upgrade projects this month in portions of northern and eastern Monmouth County.
FE's focus on infrastructure upgrades should further boost its service reliability and improve overall performance.
More than 110 grants awarded to nonprofit organizations in JCP&L's service territory HOLMDEL, N.J. , Jan. 7, 2025 /PRNewswire/ -- To bolster the social and economic well-being of the communities served by FirstEnergy Corp. (NYSE: FE) electric company Jersey Central Power & Light (JCP&L), FirstEnergy and the FirstEnergy Foundation have donated more than $740,000 in 2024 to organizations that support a wide array of community-enhancing endeavors.
Toronto, Ontario--(Newsfile Corp. - Le 30 décembre/December 2024) - FE Battery Metals Corp. (FE) has announced a name and symbol change to Linear Minerals Corp. (LINE). Shares will begin trading under the new name and symbol and with a new CUSIP number on December 31, 2024.
FE Pennsylvania receives approval to implement phase three of its LTIIP. It will focus on improving service reliability through grid modernization and system resiliency.
FAIRMONT, W.Va. , Dec. 23, 2024 /PRNewswire/ -- FirstEnergy Transmission, LLC ("FET" or the "Company"), a subsidiary of FirstEnergy Corp. and a holding company of electric transmission companies operating in Ohio, Pennsylvania, West Virginia, Maryland and Virginia, today announced an offer to exchange (i) up to $400 million aggregate principal amount of its outstanding 4.550% Senior Notes due 2030 (the "Outstanding 2030 Notes") for an equal amount of 4.550% Senior Notes due 2030 registered under the Securities Act of 1933, as amended (the "Securities Act") (the "New 2030 Notes") and (ii) up to $400 million aggregate principal amount of its outstanding 5.000% Senior Notes due 2035 (the "Outstanding 2035 Notes" and together with the Outstanding 2030 Notes, the "Outstanding Notes") for an equal amount of 5.000% Senior Notes due 2035 registered under the Securities Act (the "New 2035 Notes" and together with the New 2030 Notes, the "New Notes").
Leaders selected to oversee Finance and Regulatory for Pennsylvania and New Jersey; Construction and Design Services AKRON, Ohio , Dec. 20, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced it has hired Kelly Gower as Vice President, Finance and Regulatory for Pennsylvania and Teresa Reed as Vice President, Finance and Regulatory for New Jersey. In addition, Jeremy W.