FirstEnergy to Sell Pennsylvania, Virginia Assets

SUGAR LAND--September 7, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--FirstEnergy Corporation (NYSE:FE) (Akron, Ohio) announced Wednesday that it will sell interests in six power stations in Virginia and Pennsylvania. The plants total 1,615 megawatts (MW) in generating capacity and will be purchased for $825 million by a subsidiary of LS Power Equity Partners III LP (New York, New York). Industrial Info is tracking $1.1 billion in active FirstEnergy projects. Within this article: Details of the stations to be sold and FirstEnergy projects