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June 04, 2023
Home » FERC Blocks FirstEnergy Sale of Merchant Plant to Affiliate
By Rory D. Sweeney FERC last week denied FirstEnergy’s request to transfer ownership of a struggling coal-fired merchant generator to a regulated affiliate, saying the deal isn’t in the public interest because it resulted from an “overly narrow” solicitation (EC17-88). The affiliates argued that the transaction was ostensibly exempt from...
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