FirstEnergy Faces Coal-Heavy Generation Portfolio as It Reshapes Transmission Assets
AKRON, Ohio — FirstEnergy Corp. is navigating a transition period marked by asset sales, a shifting generation mix and a revenue profile increasingly tied to power delivery rather than production. The investor-owned utility, headquartered in Akron, operates one of the nation’s larger regulated electric systems through 10 subsidiaries, yet maintains a comparatively modest regulated generation […]