{"schema_version":"secwatch.filing_event.v1","accession":"0002038118-26-000009","form_type":"8-K","ticker":null,"cik":"0002038118","company_name":"FirstEnergy Transmission, LLC","filed_at":"2026-02-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.090642+00:00","generated_at":"2026-05-16T01:50:48.765725+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FET and AEP subsid form Grid Growth JV for ~$1B PJM transmission lines","bullets":["On Feb 13, 2026, FET and American Electric Power's Transource entered amended operating agreement for 50/50 JV Grid Growth Ventures.","Grid Growth awarded ~220 miles of 345kV and 765kV transmission lines between Ohio/Indiana border and central Ohio.","Total project cost estimated at $1.0B; FET's share approx. $490M.","Governance requires unanimous member consent for major actions; lock-up on transfers until Feb 2032 or project in-service.","Grid Growth owns 80% of Grid Growth EHV Holdings and 100% of Grid Growth Ohio."],"urls":{"canonical":"https://secwatch.observer/filing/0002038118-26-000009","json":"https://secwatch.observer/filing/0002038118-26-000009.json","markdown":"https://secwatch.observer/filing/0002038118-26-000009.md","text":"https://secwatch.observer/filing/0002038118-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2038118/000203811826000009/0002038118-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2038118/000203811826000009/fet-20260213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:50:48.765725+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fd6a88200a5d8d21bb86f8bca068ae9e4fa04b67","claim":"FirstEnergy Transmission, LLC amended Grid Growth Operating Agreement with Transource Energy, LLC (effective 2026-02-13).","evidence_excerpt":"On February 13, 2026, FirstEnergy Transmission, LLC (“FET”) and Transource Energy, LLC, a subsidiary of American Electric Power Company, Inc. (“Transource”), entered into the Grid Growth Ventures, LLC (“Grid Growth”) Amended and Restated Operating Agreement (“Grid Growth Operating Agreement”), which amended and restated a provisional operating agreement between the Grid Growth members entered into in December 2025.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2038118/000203811826000009/0002038118-26-000009-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Transource Energy, LLC"},{"label":"Effective","value":"2026-02-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}