Utility will focus on selling electricity from its nuclear power plants under the name Energy Harbor Corp., company says in a
FirstEnergy Solutions filed bankruptcy in 2018 as part of a plan by its parent to exit the unregulated power business- Under a plan of reorganization
approved by a federal judge last year, creditors of FirstEnergy Solutions traded debt for ownership stakes - As part of the
reorganization , former parentFirstEnergy Corp. gave up ownership of the company and agreed to provide cash, a power plant and a $628 million note; in exchange FES and FirstEnergy Corp. dropped ...