FirstEnergy Corp. - Alternative Energy - Deals and Alliances Profile

Request for Sample Pages

Published Date : 17 February 2010

Pages : 54

FirstEnergy Corp. - Alternative Energy - Deals and Alliances Profile

Summary

FirstEnergy Corp. - Alternative Energy - Deals and Alliances Profile is an essential source for company data and information. The profile examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy as well as highlighting the company’s major recent financial deals.

FirstEnergy Corp. (FirstEnergy) is an energy holding company which through its subsidiaries and affiliates is active in the generation, transmission and distribution of electricity. In addition, the company also provides energy management and other energy-related services. It serves 4.5 million customers within 36,100 square miles of Ohio, Pennsylvania and New Jersey. Its generation subsidiaries operate 18 power plants with a total system capacity of more than 14,000 MW. The generation portfolio of the company is comprised of coal-fired units, nuclear plants, gas or oil based plants and hydroelectric plants.

And More inside the report…

Recent Developments

Feb 11, 2010: FirstEnergy Reports Net Income Of $990 Million In 2009
Feb 08, 2010: FirstEnergy's Pennsylvania Utilities To Offer Energy Efficiency And Conservation Programs
Feb 03, 2010: FirstEnergy Appoints Charles E. Jones As SVP And President, FirstEnergy Utilities

Scope

- Provides key company information for business intelligence needs
- Gives information on the company’s major recent financial deals including mergers & acquisitions, financing of new and acquired assets, PE/VC deals, equity offerings, debt offerings and partnerships.
- Data is supplemented with details on the company’s history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.

Reasons to buy

- A quick “one-stop-shop” to understand the company.
- Support sales activities by understanding your customers’ businesses.
- Qualify prospective partners and suppliers.
- Understand and respond to your competitors’ business structure, strategy and prospects through.
- Understanding the key deals which have shaped the company.

Table of Contents :

2
List of Tables 4
List of Figures 4
FirstEnergy Corp., Alternative Energy, Deals By Year, 2004 to YTD 2010 5
FirstEnergy Corp., Alternative Energy Deals By Type, 2004 to YTD 2010 6
FirstEnergy Corp., Alternative Energy, Deals By Region, 2004 to YTD 2010 7
FirstEnergy Corp., Alternative Energy, Deals By Sector, 2004 to YTD 2010 8
FirstEnergy Corp., Alternative Energy, Deals Summary, 2004 to YTD 2010 9
FirstEnergy Corp., Alternative Energy, Deal Details 10
Partnerships 10
Cliffs Natural Resources Enters Into Partnership With FirstEnergy 10
Divestiture - Company 11
Aquila And FirstEnergy Sells Aquila Sterling To Powergen UK 11
Debt Offering 12
FirstEnergy Solutions Completes Private Placement Of $400 Million 12
FirstEnergy Solutions Completes Private Placement Of $600 Million 13
FirstEnergy Solutions Completes Private Placement Of $500 Million 14
FirstEnergy Completes 7.25% Senior Secured Notes Offering For $300 Million 15
JCP&L Completes Issue Of $56.35 Million Transition Bonds 16
JCP&L Completes Issue Of $25.69 Million Transition Bonds 17
JCP&L Completes Bond Offering Of $49.22 Million 18
JCP&L Completes Bond Offering Of $51.14 Million 19
JCP&L Completes Issue Of $200 Million Secured Senior Notes 20
Asset Finance 21
Firstenergy To Invest $200 Million In Biomass Plant In Ohio, U.S. 21
Key Competitors 22
Key Employees 22
Locations And Subsidiaries 23
Head Office 23
Other Locations & Subsidiaries 23
Recent Developments 24
New Contracts 24
May 06, 2009: Ballard Signs Supply Agreement With FirstEnergy 24
Apr 01, 2009: renewaFUEL Signs MoU With FirstEnergy Generation To Design, Construct And Operate Biomass Facility 24
Operations Updates 24
Aug 11, 2009: Ohio Edison Agrees To Repower Power Plant With Renewable Biomass Fuel 24
Oct 16, 2008: Iberdrola Opens Casselman Wind Power Project 25
Financial Announcements 26
Feb 11, 2010: FirstEnergy Reports Net Income Of $990 Million In 2009 26
Oct 27, 2009: FirstEnergy Reports Net Income Of $230 Million In Q3 2009 26
Aug 03, 2009: FirstEnergy Reports $3.27 Billion Revenue In Q2 2009 27
Jun 02, 2009: FirstEnergy Provides Earnings Guidance For 2009 28
May 05, 2009: FirstEnergy Reports Net Income Of $115 Million In Q1 2009 28
Mar 17, 2009: FirstEnergy Declares Quarterly Dividend 28
Feb 24, 2009: FirstEnergy Reports 2008 Results 28
Dec 16, 2008: FirstEnergy Declares Quarterly Dividend 29
Nov 04, 2008: FirstEnergy Reports 3Q 2008 Results 29
Sep 16, 2008: FirstEnergy Declares Quarterly Dividend 30
Aug 01, 2008: FirstEnergy Reports 2Q 2008 Results 30
Jul 15, 2008: FirstEnergy Declares Quarterly Dividend 31
May 01, 2008: FirstEnergy Reports Q1 2008 Results 31
Mar 18, 2008: FirstEnergy Declares Quarterly Dividend 32
Feb 25, 2008: FirstEnergy Reports 2007 Results 32
Dec 18, 2007: FirstEnergy Declares Quarterly Dividend 32
Oct 30, 2007: FirstEnergy Reports Q3 2007 Results 33
Sep 18, 2007: FirstEnergy Declares Quarterly Dividend 34
Aug 07, 2007: FirstEnergy Declares Q2 2007 Results 34
Jul 17, 2007: FirstEnergy Declares Quarterly Dividend 35
May 03, 2007: FirstEnergy Declares Q1 2007 Results 35
Mar 22, 2007: FirstEnergy Declares Quarterly Dividend 36
Feb 20, 2007: FirstEnergy Reports Q4 2006 Results 36
Dec 19, 2006: FirstEnergy Declares Quarterly Dividend 37
Oct 25, 2006: FirstEnergy Reports Q3 2006 Results 37
Sep 19, 2006: FirstEnergy Declares Quarterly Dividend 37
Aug 01, 2006: FirstEnergy Declares Q2 2006 Results 38
Jun 20, 2006: FirstEnergy Declares Quarterly Dividend 38
Apr 26, 2006: FirstEnergy Declares Q1 2006 Results 38
Mar 21, 2006: FirstEnergy Declares Quarterly Dividend 39
Strategy and Business Planning 39
Apr 01, 2009: FirstEnergy Plans To Repower R.E. Burger Plant In Ohio With Biomass Power 39
Mar 27, 2009: JCP&L Receives Approval From NJBPU For Solar Renewable Energy Proposal 40
Mar 03, 2009: FirstEnergy Announces Reorganization 40
Government and Public Interest 40
Jan 07, 2009: Ohio To Award $3.5 Million Grant For Residential Solar And Wind Energy Projects 40
Other Significant Developments 41
Feb 03, 2010: FirstEnergy Appoints Charles E. Jones As SVP And President, FirstEnergy Utilities 41
Jan 28, 2010: FirstEnergy Appoints James G. Garanich As VP Tax 42
Oct 12, 2009: FirstEnergy Announces Management Changes 42
Sep 02, 2009: FirstEnergy Seeks Additional RECs For Ohio Utilities 43
Aug 14, 2009: FirstEnergy Promotes William R. Ridmann To VP, Rates And Regulatory Affairs 43
Aug 13, 2009: FENOC Announces Management Changes 43
Jul 30, 2009: ACE And JCP&L Issues RFP For SRECs In New Jersey 44
Jul 15, 2009: FirstEnergy To Procure RECs Through RFP Process 44
Apr 13, 2009: FirstEnergy Appoints Mark Julian, John Paganie And Bradley Ewing As New Vice Presidents 45
Apr 13, 2009: FirstEnergy Appoints Donald Lynch And Donald Brennan As New Presidents 45
Apr 08, 2009: FirstEnergy Appoints Mark Clark AS EVP And CFO 46
Apr 01, 2009: FirstEnergy Appoints Martin L. Hall As VP Of Energy Policy 46
Mar 04, 2009: FirstEnergy Subsidiaries Receives Approval From PUCO For ESP 47
Jan 30, 2009: FirstEnergy Announces Senior Management Appointments 47
Sep 30, 2008: JCP&L Files Solar Renewable Energy Financing Proposal With BPU 48
Aug 27, 2008: FirstEnergy Announces Management Changes 48
Jun 17, 2008: FirstEnergy Spends $730,000 On Lobbying In Q1 2008 49
Feb 19, 2008: FirstEnergy Announces Mangement Changes 49
Oct 16, 2007: FirstEnergy Introduces SmartWind (TM) 51
Apr 18, 2007: FirstEnergy Appoints VP, Asset Oversight 51
Jan 16, 2007: FirstEnergy Elects New Board Member 51
Mar 27, 2006: FirstEnergy Signs Power Purchase Agreement For Wind Power Project In Pennsylvania 52
Mar 15, 2006: FirstEnergy Signs Agreement To Purchase 250 MW Of Power From Two Wind Power Projects 52
Appendix 54
Methodology 54
About Global Markets Direct 54
Contact Us 54
Disclaimer 54

List of Tables
FirstEnergy Corp., Alternative Energy, Key Facts, 2008 1
Cliffs Natural Resources Enters Into Partnership With FirstEnergy 10
Aquila And FirstEnergy Sells Aquila Sterling To Powergen UK 11
FirstEnergy Solutions Completes Private Placement Of $400 Million 12
FirstEnergy Solutions Completes Private Placement Of $600 Million 13
FirstEnergy Solutions Completes Private Placement Of $500 Million 14
FirstEnergy Completes 7.25% Senior Secured Notes Offering For $300 Million 15
JCP&L Completes Issue Of $56.35 Million Transition Bonds 16
JCP&L Completes Issue Of $25.69 Million Transition Bonds 17
JCP&L Completes Bond Offering Of $49.22 Million 18
JCP&L Completes Bond Offering Of $51.14 Million 19
JCP&L Completes Issue Of $200 Million Secured Senior Notes 20
Firstenergy To Invest $200 Million In Biomass Plant In Ohio, U.S. 21

List of Figures
FirstEnergy Corp., Alternative Energy, Deals By Year, 2004 to YTD 2010 5
FirstEnergy Corp., Alternative Energy, Deals by Type, 2004 to YTD 2010 6
FirstEnergy Corp., Alternative Energy, Deals By Region, 2004 to YTD 2010 7
FirstEnergy Corp., Alternative Energy, Deals by Sector, 2004 to YTD 2010 8

The following companies are the major competitors of FirstEnergy Corp.:

CH Energy Group, Inc.
Public Service Enterprise Group Inc.
American Electric Power Company, Inc.

Published By : Global Markets Direct

PDF Format Reports will be
delivered by email within
12 to 24 hours after placing
the order (Mon-Fri IST)

Australia Research Reports
Brazil Research Reports
Asia Research Reports
China Research Reports
Canada Research Reports
Europe Research Reports
France Research Reports
Egypt Research Reports
Global Research Reports
Greece Research Reports
Germany Research Reports
Japan Research Reports
India Research Reports
Ireland Research Reports
Korea Research Reports
Mexico Research Reports
Maldives Research Reports
New Zealand Research Reports
Netherland Research Reports
Poland Research Reports
Russia Research Reports
South Africa Research Reports
Sri Lanka Research Reports
Singapore Research Reports
Switzerland Research Reports
UK Research Reports
USA Research Reports
UAE Research Reports
Uruguay Research Reports

ExxonMobil Company Analysis
Toyota Motors Company Analysis
ConocoPhillips Company Analysis
Sinopec Company Analysis
Total S.A. Company Analysis
Verizon Company Analysis
Gazprom Company Analysis
JPMorgan Company Analysis
Chevron Company Analysis
E.ON Company Analysis
PetroChina Company Analysis
Allianz Company Analysis
AXA Company Analysis
Carrefour Company Analysis
General Electric Company Analysis
Bank of America Company
Assicurazioni Generali Company
Samsung Electronics Company
GDF Suez Company Analysis
McKesson Corporation Company
Volkswagen Group Company
Royal Dutch Shell Company