Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  FirstEnergy Corp.    FE

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 
The feature you requested does not exist. However, we suggest the following feature:

FirstEnergy : Mon Power Project Reroutes Transmission Lines from Decommissioned Willow Island Power Plant in Pleasants County

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/25/2017 | 04:19pm CEST

FAIRMONT, W.Va., May 25, 2017 /PRNewswire/ -- Mon Power, a FirstEnergy Corp. (NYSE: FE) subsidiary, is completing a $2.2 million enhancement project that reroutes transmission lines away from a substation scheduled to be dismantled adjacent to the decommissioned Willow Island Generating Station in Pleasants County, West Virginia.

The work involved rebuilding four transmission lines to connect with an existing substation near Belmont. Previously, the lines were routed through a substation near the Willow Island power plant, which was closed in 2012. The project included building 15 new wooden structures, a new steel structure, along with installing additional breakers and other electrical equipment at the substation near Belmont.

"This project upgrades electrical equipment on our transmission system in the northwestern edge of Mon Power's service area," said Holly Kauffman, president of FirstEnergy's West Virginia operations. "The new configuration means we won't have to spend additional money and manpower inspecting and maintaining the older equipment located at the Willow Island site."

For the final part of the project, a contractor will dismantle the de-energized transmission substation next to the old power plant, removing steel, breakers and other electrical equipment from the site for recycling. That work should be completed in June.

The line relocation project is part of FirstEnergy's previously announced plans to invest about $166 million this year in distribution and transmission infrastructure projects to enhance service reliability in Mon Power's service area.

Mon Power, a FirstEnergy electric distribution company, serves about 385,000 customers in 34 West Virginia counties. Follow Mon Power on Twitter @MonPowerWV.

FirstEnergy is dedicated to safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Visit FirstEnergy online at www.firstenergycorp.com and follow on Twitter at @FirstEnergyCorp.

Editor's Note: Photos of Mon Power's reconfigured lines and soon-to-be-dismantled Willow Island transmission substation are available for download on Flickr.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mon-power-project-reroutes-transmission-lines-from-decommissioned-willow-island-power-plant-in-pleasants-county-300463938.html

SOURCE FirstEnergy Corp.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FIRSTENERGY CORP.
04:19p FIRSTENERGY : Mon Power Project Reroutes Transmission Lines from Decommissioned ..
05/24 FIRSTENERGY : Energy-Efficient Products Program Available to Residential Custome..
05/24 FIRSTENERGY : Energy-Efficient Products Program Available to Residential Custome..
05/23 FIRSTENERGY CORP. : - Energy Efficient Products Program Available to Residential..
05/23 FIRSTENERGY CORP. : - Beaver Valley Power Station Unit 2 Returns to Service Foll..
05/22 FIRSTENERGY : Energy-Efficient Products Program Available to Residential Custome..
05/22 FIRSTENERGY : Receives Tree Care Award from National Arbor Day Foundation for 19..
05/22 FIRSTENERGY : Beaver Valley Power Station Unit 2 Returns to Service Following Re..
05/22 FIRSTENERGY : Nuclear hedge against climate change
05/19 FIRSTENERGY : Ohio House sidelines bailout of 2 FirstEnergy nuclear plants
More news
Sector news : Electric Utilities - NEC
02:15pDJAMERICAN ELECTRIC POWER : Coal Mines Are Reimagined as a New Power Source
05/23 Westinghouse reaches deal for $800 million U.S. bankruptcy loan
05/19 European shares claw back gains after worst week in six months
05/19DJCLP : Australian State Fund Manager Seeks Damages From CLP Holdings Units
05/18DJOrigin Energy Caps Disposal Plans with Pipeline Sale
More sector news : Electric Utilities - NEC
News from SeekingAlpha
05/24 Utility Sector Intuits 34% Net For Suburban And 17% Yield By CESP In May Fore..
05/17 Analysis Of Super Safe Stocks
05/11 Looking For Some Utilities At 3.35%
05/10 3.86% Yield To Retire On
04/28 FirstEnergy (FE) Q1 2017 Results - Earnings Call Transcript
Advertisement
Financials ($)
Sales 2017 14 653 M
EBIT 2017 2 990 M
Net income 2017 1 215 M
Debt 2017 17 443 M
Yield 2017 4,94%
P/E ratio 2017 10,77
P/E ratio 2018 11,50
EV / Sales 2017 2,06x
EV / Sales 2018 2,05x
Capitalization 12 722 M
More Financials
Chart FIRSTENERGY CORP.
Duration : Period :
FirstEnergy Corp. Technical Analysis Chart | FE | US3379321074 | 4-Traders
Full-screen chart
Technical analysis trends FIRSTENERGY CORP.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 33,6 $
Spread / Average Target 17%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Charles E. Jones President, Chief Executive Officer & Director
George M. Smart Non-Executive Chairman
James F. Pearson Chief Financial Officer & Executive VP
Paul T. Addison Independent Director
William T. Cottle Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FIRSTENERGY CORP.-7.98%12 620
DUKE ENERGY CORP9.11%58 860
IBERDROLA SA11.57%50 548
DOMINION ENERGY INC4.07%50 130
SOUTHERN CO1.81%49 771
AMERICAN ELECTRIC POWE..10.53%34 135
More Results