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FirstEnergy Corp. is a privately owned electric utility headquartered in Akron, Ohio.It was established when Ohio Edison merged with Centerior Energy in 1997. Its subsidiaries and affiliates are involved in distributing, transmitting, and generating electricity, energy management, and other energy-related services.
Akron-based FirstEnergy and its allies bankrolled one of Ohio's largest corruption scandals.But state prosecutors now say the company should be labeled a victim of its former leaders' actions. Two ...
The Ohio nuclear bribery scandal (2020) is a political scandal in Ohio involving allegations that electric utility company FirstEnergy paid roughly $60 million to Generation Now, a 501(c)(4) organization purportedly controlled by Speaker of the Ohio House of Representatives Larry Householder in exchange for passing a $1.3 billion bailout for the nuclear power operator. [1]
Source: FirstEnergy Corp. FirstEnergy Corp. reported earnings Tuesday, giving income investors a good long look at why their dividends just got slashed 35%. With similar dividend haircuts from ...
FirstEnergy donated more than $4 million to help elect DeWine and Husted in 2018. The company also donated to the Greene County prosecutor campaign of DeWine's daughter.
Ohio Valley Electric Corporation: Coal (5 units) [12] Subsidized by the controversial HB6 Bill until 2030 [13] Miami Fort Power Station: North Bend: 1020: Vistra Corp: Coal (2 units) Older units shut down in 2015. Planned retirement by year-end 2027 or earlier. [14] [15] Toledo Refining Power Recovery: Oregon: 6.0: Toledo Refining Co. Petroleum ...
FirstEnergy (FE) completes maintenance and inspection work of its infrastructure to gear up for the hurricane season and provide continuous power supply during the sweltering summer.
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