FirstEnergy PA Gets Approval for Infrastructure Improvement Plans [Yahoo! Finance]
FirstEnergy Corp. (FE)
Last firstenergy corp. earnings: 4/23 04:20 pm
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Source: Yahoo! Finance
FirstEnergy Corporation FE announced that it has received approval from the Pennsylvania Public Utility Commission (PaPUC) to implement phase three of its Long-Term Infrastructure Improvement Plans (LTIIP III) to ensure electric service reliability for more than two million Pennsylvania customers. Over the next five years, FE PA aims to invest an additional $1.42 billion in capital projects throughout its service regions. These initiatives are expected to decrease the incidence of service outages and minimize their duration when they do occur. LTIIP III expands upon the more than $1 billion invested in the preceding two LTIIP rounds, which took place between 2016 and 2024. In regions where LTIIP work has been completed (since 2019), the number of disruptions has decreased 14% in a year. FE PA expects to file additional LTIIPs in the future and is committed to a sound, cost-effective approach that will result in consistent, reliable performance. Key Details of FE's Grid Moderniz
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FE
Earnings
- 10/29/24 - Miss
FE
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 8-K
- 12/3/24 - Form 4
- FE's page on the SEC website