$FE (FirstEnergy Corp.)

$FE {{ '2016-02-17T15:21:47+0000' | timeago}} • Webcast

$FE said it has filed with PPUC for approval to implement a distribution system improvement charge at its four operating companies: Penn Power, West Penn Power, Metropolitan Edison and Pennsylvania Electric. The move will allow $FE to recover quarterly cost associated with the capital projects approved in Long Term Infrastructure Improvement Plans.

$FE {{ '2017-09-19T20:45:41+0000' | timeago}} • Announcement

$FE's BoD declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock. The dividend will be payable on Dec. 1, 2017, to shareholders of record at the close of business on Nov. 7, 2017.

$FE {{ '2017-09-19T18:06:43+0000' | timeago}} • Announcement

$FE said a Request for Proposal (RFP) will be issued to purchase 71,000 Solar Photovoltaic Alternative Energy Certificates (SPAECs) annually over a two-year period on behalf of three of its Pennsylvania utilities - Pennsylvania Power Company, Pennsylvania Electric Company, and Metropolitan Edison Company.

$FE {{ '2017-09-06T15:01:59+0000' | timeago}} • Announcement

$FE entered into a revised agreement for the sale of 1,615 MW of competitive natural gas and hydroelectric generation assets located in Pennsylvania and Virginia to a subsidiary of LS Power Equity Partners III, LP.  The assets will be sold for an all-cash price of $825MM under the terms of the revised agreement signed on Aug. 30, 2017.

$FE {{ '2017-08-31T20:13:38+0000' | timeago}} • Announcement

FirstEnergy Nuclear Operating Company, a subsidiary of $FE, named Mark Bezilla as VP of Davis-Besse Nuclear Power Station in Oak Harbor, Ohio.  He succeeds Brian Boles, who has taken the role of VP of Nuclear Support for FENOC. Also at Davis-Besse, the company promoted Doug Huey as Director of Performance Improvement.

$FE {{ '2017-08-31T20:06:33+0000' | timeago}} • Announcement

FirstEnergy Nuclear Operating Company, a subsidiary of $FE, promoted Richard Bologna as VP of Beaver Valley Power Station. He will be responsible for its overall management. Bologna succeeds Marty Richey, who is pursing interests outside the company. John Grabar was named general plant manager at Beaver Valley, the position held by Bologna.

$FE {{ '2017-08-31T19:53:07+0000' | timeago}} • Announcement

FirstEnergy Nuclear Operating Company, an arm of $FE, named Brian Boles as VP of Nuclear Support for its nuclear generation fleet. He replaces Darin Benyak and will report to Paul Harden, FENOC SVP and COO. Terry Brown is the new VP of Fleet Oversight of its nuclear fleet. He will report to Sam Belcher, FENOC President and Chief Nuclear Officer.

$FE {{ '2017-07-18T19:48:00+0000' | timeago}} • Announcement

$FE declared an unchanged quarterly dividend of $0.36 per share of outstanding common stock, payable September 1, 2017, to shareholders of record on August 7, 2017.

$FE {{ '2017-07-18T18:52:12+0000' | timeago}} • Webcast

$FE has appointed Ebony L Yeboah-Amankwah as VP, Corporate Secretary and Chief Ethics Officer, effective July 30, 2017.  Earlier, Yeboah-Amankwah was VP of State and Federal Regulatory Legal Affairs at FirstEnergy. She joined the company in 2005 as an attorney in the Legal Department.

$FE {{ '2017-07-10T16:21:34+0000' | timeago}} • Announcement

Jersey Central Power & Light (JCP&L), a $FE subsidiary, appointed Mark Jones as VP of Operations and John Anderson as VP of External Affairs. Jones succeeds Tony Hurley as VP of Operations and Anderson replaces Jones as VP of External Affairs

$FE {{ '2017-06-14T17:39:23+0000' | timeago}} • Announcement

The Illuminating Company, a $FE utility, has hired 20 graduates of the company's utility worker training program as part of its ongoing efforts to enhance service reliability for customers in northeast Ohio.

$FE {{ '2017-06-14T17:36:35+0000' | timeago}} • Announcement

Pennsylvania Electric Co., a subsidiary of $FE, has hired 24 graduates of the company's utility worker training program as part of its ongoing efforts to enhance reliability for customers in its Pennsylvania service area.

$FE {{ '2017-06-14T17:35:45+0000' | timeago}} • Announcement

Ohio Edison and Pennsylvania Power, $FE utilities, have hired 54 graduates of the companies' utility worker training programs as part of its ongoing efforts to enhance service reliability for customers in northeast Ohio.

$FE {{ '2017-06-05T18:57:58+0000' | timeago}} • Announcement

$FE is revamping a 69-kv transmission line to enhance service reliability for customers near Mansfield, Ohio.  The upgraded line, slated to be completed this fall, will enhance flow of electricity across the system and use smart technologies to help reduce power outages. The $16MM project includes replacing the existing poles with new wood poles.

$FE {{ '2017-04-28T20:21:10+0000' | timeago}} • Webcast

With regards to exit of FirstEnergy Solutions, a subsidiary of $FE, the company completed a major initiative with the banks at the end of last year to restructure bank lines. DOE wants to prevent the fuel-secure baseload assets from closing. Depending upon the DOE's study, the exiting of FES might get delayed, the company added.

$FE {{ '2017-04-28T12:15:45+0000' | timeago}} • Announcement

$FE sees 2017 GAAP earnings of $2.17-2.47 per share and operating (non-GAAP) earnings of $2.70-3.00 per share. For 2Q17, GAAP earnings is expected to be $0.54-0.64 per share, and operating earnings to be $0.55-0.65 per share.

$FE {{ '2017-04-28T12:08:40+0000' | timeago}} • Announcement

$FE's profit for 1Q17 fell 37.5% YoY to $205MM, or $0.46 per share, impacted by new distribution rates, lower depreciation expense and increased transmission revenues, as well as lower capacity revenue in the competitive business. Excluding the impact, earnings were $0.78 per share vs. $0.80 a year ago. Revenue fell 8% YoY to $3.6Bil.

$FE {{ '2017-04-05T16:46:13+0000' | timeago}} • Announcement

$FE said its Allegheny Energy Supply Co. subsidiary has agreed for sale of a portion of the real property and certain assets at the former Hatfield's Ferry Power Station in Masontown, Pa. to APV Renaissance Partners Opco, LLC, of Bernardsville, New Jersey. The sale is expected to close in 3Q18.

$FE {{ '2017-04-03T20:44:20+0000' | timeago}} • Announcement

FirstEnergy Nuclear Operating Co., a subsidiary of $FE, said its Perry Nuclear Power Plant in Perry, Ohio, returned to service at 11:42 am on April 3 following a March 5, 2017, shutdown for refueling and maintenance. The 29-day outage marks the shortest refueling outage in Perry's 30 years of operation.

$FE {{ '2017-03-20T16:50:20+0000' | timeago}} • Announcement

$FE expects to invest about $166MM in 2017 on distribution and transmission infrastructure projects to help enhance service reliability in Mon Power's 34-county West Virginia service area.

$FE {{ '2017-03-07T20:55:18+0000' | timeago}} • Announcement

$FE subsidiaries Mon Power and Potomac Edison filed a plan seeking regulatory approval to acquire the Pleasants Power Station in West Virginia, as the least-cost source to meet the capacity shortfall in the West Virginia service areas. The Pleasants plant capacity is about 1,300 MW.

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