February 23, 2025

FirstEnergy

FirstEnergy Shares Jump on Icahn Investment
FirstEnergy updated investors on the ongoing investigation into House Bill 6 and disclosed investor Carl Icahn is looking to acquire a stake in the company.
MOPR, COVID Drive 2020 Policies in PJM
COVID-19 was the defining problem of 2020 as PJM worked to overcome difficulties in coordinating deliberations on a host of issues, including the MOPR.
FERC Stands by 10.02% ROE
Transmission owners will continue receiving a 10.02% ROE, FERC said, rejecting complaints from consumer organizations and Commissioner Glick.
PUCO
PUCO Chair Randazzo Resigns
Public Utilities Commission of Ohio Chair Sam Randazzo resigned, less than a week after the FBI raided his home in Columbus.
NJ Scrutinizing JCP&L over FirstEnergy Bribe Probe
The New Jersey BPU voted to hold a public hearing on JCP&L in response to the ongoing bribery scandal involving its parent, FirstEnergy.
Chief Ethics, Legal Officers ‘Separate’ from FirstEnergy
FirstEnergy’s chief legal officer and chief ethics officer “separated” from the company, according to a filing with the SEC.
FirstEnergy Earnings Call Overshadowed by Probes
FirstEnergy’s positive third-quarter financial results were overshadowed by questions about ongoing federal investigations into the company.
FirstEnergy Fires Jones over Bribe Probe
FirstEnergy fired CEO Charles Jones and two others over an alleged bribery scandal in Ohio after two men pleaded guilty in the scheme.
© RTO Insider
Advocates Challenge PJM Board on Exelon, FE
Ratepayer advocates challenged the PJM board to take action against Exelon and FirstEnergy, accused of bribing legislators in Illinois and Ohio, respectively.
Householder Removed from Ohio Speaker Post
Larry Householder was voted out as Ohio House speaker and officially indicted by a federal grand jury on a racketeering conspiracy charge.

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