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FirstEnergy Corp

0IPB:LSE

FirstEnergy Corp

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About the company

FirstEnergy Corp (FirstEnergy) and its subsidiaries are principally involved in the transmission, distribution, and generation of electricity. The Company operates through two segments: Regulated Distribution and Regulated Transmission segments. The Regulated Distribution distributes electricity through FirstEnergy’s ten utility operating companies, serving customers Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York, and purchases power for its POLR, SOS, SSO and default service requirements in Ohio, Pennsylvania, New Jersey, and Maryland. This segment also controls approximately 3,580 megawatts (MWs) of regulated electric generation capacity located primarily in West Virginia and Virginia. The Regulated Transmission provides transmission infrastructure owned and operated by the Transmission Companies and certain of FirstEnergy's utilities (JCP&L, MP, PE and WP) to transmit electricity from generation sources to distribution facilities.

  • Revenue in USD (TTM)12.70bn
  • Net income in USD410.00m
  • Incorporated1996
  • Employees12.34k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		FE:NYQ since
announced		Transaction
value
Energy Transition & Environmental Management-Pleasants Power PlantRumoured01 May 202301 May 2023Rumoured-5.28%--
Data delayed at least 15 minutes, as of Jun 02 2023 21:10 BST.
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