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Re: ValueInvestor15 post# 195

Wednesday, 09/06/2017 3:57:11 PM

Wednesday, September 06, 2017 3:57:11 PM

Post# of 205
$FE FirstEnergy signs revised sale of natural gas, hydro assets for $825M

FirstEnergy (NYSE:FE) agrees to sell 1,615 MW of natural gas and hydroelectric generation assets located in Pennsylvania and Virginia to a subsidiary of LS Power Equity Partners for a revised $825M.

The original sale was announced in January at $925M.

When the sale is complete, FE says it will own or control 15,337 MW of generating capacity from nuclear, coal, gas, hydro, wind and solar facilities across Ohio, Pennsylvania, West Virginia, New Jersey, Virginia and Illinois.
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