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March 29, 2023
Home » FERC OKs FirstEnergy’s Tx Spin-off; NJ, Pa. Approval Still Needed
By Suzanne Herel FERC on Thursday greenlighted FirstEnergy’s plan to spin off the transmission assets of Jersey Central Power & Light, Metropolitan Edison and Pennsylvania Electric into a new subsidiary, rejecting motions for a stay by New Jersey and Pennsylvania regulators, who also must approve the deal. New Jersey regulators...
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