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August 03, 2015 9:47 AM ET

Electric Utilities

Company Overview of FirstEnergy Generation, LLC

Company Overview

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 formerly known as FirstEnergy Generation Corp. and changed its name to FirstEnergy Generation, LLC in December 2012. 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

United States

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
Age: 64
Senior Vice President of Corporate Services and Chief Information Officer
Age: 61
Senior Vice President and Treasurer
Age: 61
Vice President and Controller
Age: 41
Vice President and Assistant Treasurer
Age: 44
Compensation as of Fiscal Year 2015.

FirstEnergy Generation, LLC Key Developments

Lee Yeager Sues FirstEnergy Generation Corp. over Direct Deposit

An Austintown man is suing FirstEnergy Generation Corp. saying that the company terminated him from its internship program because he would not have his pay directly deposited into a bank account due to his self-described Christian fundamentalist beliefs. Lee Yeager was terminated from FirstEnergy's program in May 2005 after he refused to have his pay placed in a checking account via direct deposit, which was a requirement of his employment. The case was just filed in federal court last week because the Equal Employment Opportunity Commission only recently issued a right-to-sue letter. Rossi said Yeager's Christian fundamentalist beliefs require that he not have a bank account. The lawsuit alleged the company violated Yeager's civil rights. It is asking FirstEnergy to re-employ Yeager or, if that cannot happen, pay him for the money he lost after being fired, plus other fees. The case is assigned to U.S. District Judge John Adams in Akron.

FirstEnergy Subsidiaries Apply for Authorization to Sell Eleven Hydroelectric Power Stations to Harbor Hydro Holdings

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.

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