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Stung by Competitive Power Markets, FirstEnergy Focuses on T&D Investments, an Industrial Info News Alert

ID: 1485346

(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 02/08/17 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- FirstEnergy Corporation (NYSE:FE) (Akron, Ohio), which operates 10 and serves 6 million customers in six Midwestern and Mid-Atlantic states, plans to invest at least $7.9 billion over the next three years, mainly in its regulated (T&D) business, Charles E. Jones, president and chief executive, told the Edison Electric Institute financial conference last November. Including the $2.9 billion of capital investments the utility holding company planned to make in 2016, the company''s capital budget for 2016-19 will total about $10.8 billion, he said.

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Bereitgestellt von Benutzer: Marketwired
Datum: 08.02.2017 - 06:30 Uhr
Sprache: Deutsch
News-ID 1485346
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