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FirstEnergy Solutions Corp.

Company Summary

Description

FirstEnergy Solutions Corp. is a leading energy supplier, serving residential, commercial and industrial customers

Website

https://www.fes.com/

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Recent news

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Company Transactions

Date: 12/31/2018
Type: Acquisition

DETAILS:

COST: 140 $MM

NOTES:
FirstEnergy Solutions Corp. has entered into a deal to sell its wholesale load-serving business to Exelon's subsidiary, Constellation, for $140 million in cash as part of a Section 363 bankruptcy auction process.
REGIONS:
  • Midwest
  • Middle Atlantic