secwatch.observer — SEC 8-K summary
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Issuer:     FIRSTENERGY CORP (FE)
CIK:        0001031296
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001031296-24-000061
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FirstEnergy withdraws Ohio ESP V, targets new plan by early 2025; $26B capex plan reaffirmed
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- Withdrew Ohio ESP V on Oct 29; will revert to ESP IV and file ESP VI plus base rate case by early 2025.
- Pennsylvania base rate case settlement filed Sept 13 for $225M net revenue increase; order expected Dec 2024.
- $26B Energize365 2024-2028 plan targets 9% average annual rate base growth, 44% increase over prior 5-yr plan.
- Data center pipeline exceeds 7 GW through 2033, with over 2 GW under agreement across FE's footprint.
- Transmission JDA with AEP/Dominion includes $3.8B projects; FE portion $1.3B; approvals expected Feb 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031296/000103129624000061/0001031296-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031296/000103129624000061/fe-20241108.htm
  HTML page:      https://secwatch.observer/filing/0001031296-24-000061

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