NYSE:FEElectric Utilities
How FirstEnergy’s US$28 Billion Grid Modernization Push Will Impact FirstEnergy (FE) Investors
FirstEnergy Corp.'s Jersey Central Power & Light has recently completed major grid upgrades in northern Monmouth County, investing about US$30,000,000 to reinforce 10 miles of power lines, replace poles and add redundant pathways for nearly 25,000 customers.
This project is one component of FirstEnergy’s broader Energize365 initiative, which plans to deploy about US$28.00 billions between 2025 and 2029 to build a more resilient, modernized electric grid.
Against this backdrop, we’ll explore...