Company Overview of FirstEnergy Generation, LLC
FirstEnergy Generation, LLC owns and operates non-nuclear generating facilities in the United States. The company generates, transmits, and distributes electricity. It owns and operates fossil and hydroelectric generating facilities. The company was incorporated in 2000 and is based in Akron, Ohio. FirstEnergy Generation, LLC operates as a subsidiary of FirstEnergy Solutions Corp.
76 South Main Street
Akron, OH 44308
Founded in 2000
Key Executives for FirstEnergy Generation, LLC
President, Chief Nuclear Officer of Firstenergy Nuclear Operating Compa and President of Firstenergy Nuclear Operating Company
Chief Financial Officer and Executive Vice President
Principal Executive Officer of FES and President of FES
Senior Vice President of Corporate Services and Chief Information Officer
Senior Vice President and Treasurer
Compensation as of Fiscal Year 2014.
FirstEnergy Generation, LLC Key Developments
FirstEnergy Subsidiaries Apply for Authorization to Sell Eleven Hydroelectric Power Stations to Harbor Hydro Holdings
Sep 4 13
FirstEnergy Corp. announced that its subsidiaries have applied for authorization from the Federal Energy Regulatory Commission (FERC) to sell 11 hydroelectric power stations in Pennsylvania, Virginia and West Virginia to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP. A sales agreement was reached on August 23, 2013 and if approved, the proposed transaction is expected to close in the fourth quarter of 2013. The agreement is subject to customary and other closing conditions, including FERC, the Commonwealth of Virginia's State Corporation Commission and various other approvals. The hydroelectric power stations included in this proposed sale are owned by FirstEnergy Generation, LLC, Allegheny Energy Supply Company, LLC and Green Valley Hydro, LLC and have a total capacity of 527 megawatts, which represents less than 3% of FirstEnergy's generation fleet output.
Federal Energy Regulatory Commission Issues Order to FirstEnergy Generation, LLC on Notice of Succession
Mar 6 13
The U.S. Department of Energy's Federal Energy Regulatory Commission issued the following order: On January 22, 2013, FirstEnergy Generation, LLC (FE Genco) filed a revised market-based rate tariff to incorporate a name change. FirstEnergy Generation Corp. (FE Gencorp) was converted from a corporation to a domestic for-profit limited liability company, and the revised tariff reflects the name change from FE Gencorp to FE Genco. Pursuant to the authority delegated to the Director, Division of Electric Power Regulation - West, under 18 C.F.R. section 375.307, the company submittal filed in the referenced docket is accepted for filing, effective December 23, 2012, as requested.
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