---
schema_version: "secwatch.filing_event.v1"
accession: "0001031296-24-000030"
form_type: "8-K"
ticker: "FE"
cik: "0001031296"
company_name: "FIRSTENERGY CORP"
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:26:27.230060+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FirstEnergy outlines $26B CapEx plan (2024-2028), 6-8% EPS growth target; FET sale strengthens balance sheet

## Summary
- CapEx grows from $4.3B in 2024 to $6.2B in 2028, ~75% under formula rate recovery.
- Consolidated rate base forecasted at $29B in 2024, rising to $41B in 2028 (incl. Brookfield share); ~9% avg annual growth.
- Annual operating EPS growth target of 6-8%; no incremental equity needs expected through 2028 (ex. ~$100M/yr employee benefit programs).
- FET 30% interest sale closed Mar 2024 for $3.5B; $2.3B used to repay debt maturities, remaining $1.2B expected later in 2024.
- Regulatory: PA base case filed requesting $502M; OH base case for $93.6M; WV ($105M) and NJ ($85M) base rate adjustments implemented in 2024.

## SEC filing metadata
- accession: 0001031296-24-000030
- form_type: 8-K
- ticker: FE
- cik: 0001031296
- company_name: FIRSTENERGY CORP
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031296/000103129624000030/0001031296-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031296/000103129624000030/fe-20240604.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031296-24-000030
- JSON: https://secwatch.observer/filing/0001031296-24-000030.json
- Plain text: https://secwatch.observer/filing/0001031296-24-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.