News
23 November 2018

FirstEnergy enters into stalking horse deal with Starwood for its West Lorain power asset.

In:
Power
Region:
Americas

FirstEnergy Generation, LLC (FG) has agreed to sell its West Lorain Facility and related assets to Starwood Energy Group Global affiliate Vermillion Power for $144 million in cash. Parent company FirstEnergy Solutions Corp (FES) is currently undergoing Chapter 11 bankruptcy proceedings so the...

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