FirstEnergy

Nearly 500 Trees to be Planted Across Mahoning Valley on Arbor Day Today

Retrieved on: 
Vendredi, avril 26, 2024

AKRON, Ohio, April 26, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is all set to celebrate Arbor Day today by donating nearly 500 trees to two locations in Mahoning County – Mill Creek MetroParks and Beaver Township Nature Preserve. Dozens of employee volunteers from FirstEnergy and Ohio Edison will plant 300 hardwood trees on the Mill Creek MetroParks' 402-acre farm in Canfield, while another group of company volunteers will be planting 160 trees at Beaver Township Nature Preserve in North Lima. 

Key Points: 
  • AKRON, Ohio, April 26, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) is all set to celebrate Arbor Day today by donating nearly 500 trees to two locations in Mahoning County – Mill Creek MetroParks and Beaver Township Nature Preserve.
  • Since April 2021, FirstEnergy has donated and planted more than 67,000 trees throughout its five-state service territory.
  • Jessica Shaffer, Advanced Scientist and Green Team Leader at FirstEnergy: "Planting trees is not just about growing roots, it's about cultivating relationships.
  • This year's donation of trees to Mill Creek MetroParks complements FirstEnergy's donation of more than 1,000 trees planted at MetroParks' properties last year.

FirstEnergy Set to Plant More Than 25,000 Trees in 2024

Retrieved on: 
Mardi, avril 23, 2024

AKRON, Ohio, April 23, 2024 /PRNewswire/ -- In support of its continued commitment to the environment and the communities it serves, FirstEnergy Corp. (NYSE: FE) has set a goal to plant more than 25,000 trees throughout its service territory in 2024. Nearly 17,000 trees are expected to be planted in the month of April around Earth Day and Arbor Day. The plan follows a successful 2023 in which the company reached a new high of more than 25,000 trees planted.

Key Points: 
  • AKRON, Ohio, April 23, 2024 /PRNewswire/ -- In support of its continued commitment to the environment and the communities it serves, FirstEnergy Corp. (NYSE: FE) has set a goal to plant more than 25,000 trees throughout its service territory in 2024.
  • The plan follows a successful 2023 in which the company reached a new high of more than 25,000 trees planted.
  • As part of its commitment to preserving and protecting the environment, FirstEnergy launched a tree-planting initiative in 2020 with the objective of planting 10,000 trees.
  • Since then, FirstEnergy volunteers have planted or donated more than 67,000 trees.

FirstEnergy Names John Combs Senior Vice President, Shared Services

Retrieved on: 
Mardi, avril 16, 2024

AKRON, Ohio, April 16, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced John Combs has been named Senior Vice President, Shared Services, effective April 22. Reporting to President and Chief Executive Officer Brian Tierney, Combs will lead and oversee the company's IT organization – Cyber Security, Corporate Security and Information Technology, and Innovation & Digital Factory – as well as the Transformation Office, Supply Chain and Flight Operations.

Key Points: 
  • AKRON, Ohio, April 16, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced John Combs has been named Senior Vice President, Shared Services, effective April 22.
  • His proven track record of driving process improvements and collaborating on innovative solutions will help our organization more nimbly capture market opportunities."
  • Combs joins FirstEnergy from JPMorgan Chase & Co., where he served as Managing Director, General Manager and Chief Transformation Officer of Enterprise Technology Services since 2018.
  • Earlier in his career, Combs held IT positions with Telecommunication Systems, Legg Mason, Sony Electronics, and United Parcel Service.

Nordic Energy welcomes new Vice President of Commercial Sales

Retrieved on: 
Lundi, avril 15, 2024

OAKBROOK, Ill., April 15, 2024 /PRNewswire/ -- Nordic Energy is pleased to welcome Russell Williams as Vice President of Commercial Sales, effective April 15.

Key Points: 
  • OAKBROOK, Ill., April 15, 2024 /PRNewswire/ -- Nordic Energy is pleased to welcome Russell Williams as Vice President of Commercial Sales, effective April 15.
  • Williams' most recent position was Sales Director with Energy Harbor in Houston, where he significantly contributed to a large growth in sales.
  • "We look forward to Russell leading our commercial sales team with his strong results-driven background," said Nordic Energy CEO Jim Deering.
  • Nordic supplies energy and provides related services to commercial and residential customers behind 65 utilities.

Legal & General Retirement America and RGA Partner to Complete $700 Million Pension Risk Transfer Transaction with FirstEnergy

Retrieved on: 
Jeudi, mars 14, 2024

Legal & General Retirement America (LGRA), a division of Banner Life Insurance Company, and Reinsurance Group of America, Incorporated (NYSE:RGA) announced today they completed a pension risk transfer (PRT) transaction with FirstEnergy , one of the nation’s largest investor-owned electric utilities, for approximately $700 million.

Key Points: 
  • Legal & General Retirement America (LGRA), a division of Banner Life Insurance Company, and Reinsurance Group of America, Incorporated (NYSE:RGA) announced today they completed a pension risk transfer (PRT) transaction with FirstEnergy , one of the nation’s largest investor-owned electric utilities, for approximately $700 million.
  • The retiree lift-out was executed in December and covers approximately 2,000 retirees – representing about 8% of the company’s total pension liability associated with its former generation subsidiaries.
  • LGRA is lead administrator and will be fully responsible for the service and administration of all participants transferred as part of the transaction.
  • Aon and K&L Gates advised FirstEnergy on this transaction.

FirstEnergy to Webcast First Quarter Earnings Teleconference

Retrieved on: 
Mercredi, avril 3, 2024

AKRON, Ohio, April 3, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the first quarter of 2024 after markets close on Thursday, April 25.

Key Points: 
  • AKRON, Ohio, April 3, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the first quarter of 2024 after markets close on Thursday, April 25.
  • These results will be discussed by FirstEnergy management during a conference call with financial analysts at 10 a.m. EDT on Friday, April 26.
  • Investors, customers and other interested parties are invited to listen to a live webcast of the call and view presentation slides via FirstEnergy's Investor Information website, www.firstenergycorp.com/ir .
  • The webcast and presentation will be available for replay on the site for up to one year.

FirstEnergy Named Top 50 Diversity Employer by Minority Engineer™ Magazine

Retrieved on: 
Mercredi, mars 20, 2024

AKRON, Ohio, March 20, 2024 /PRNewswire/ -- For the second year in a row, FirstEnergy Corp. (NYSE: FE) has been designated as a Top 50 Diversity Employer by Minority Engineer™ magazine. The rankings are determined based on a survey of randomly selected Minority Engineer readers who were asked to name the employers where they would most like to work or that they believe provide a positive working environment for members of minority groups.

Key Points: 
  • AKRON, Ohio, March 20, 2024 /PRNewswire/ -- For the second year in a row, FirstEnergy Corp. (NYSE: FE) has been designated as a Top 50 Diversity Employer by Minority Engineer™ magazine.
  • Karen Sealy, Director of Diversity, Equity and Inclusion and Chief Diversity Officer at FirstEnergy: "A strong diversity, equity and inclusion program is about more than just talking the talk.
  • At FirstEnergy, it is a core value that truly shapes the way we do business and engage with each other.
  • In the past three years alone, the company has been named as a leading diversity employer by G.I.

Construction is Underway on Second Utility-Grade Solar Site in West Virginia

Retrieved on: 
Mardi, mars 19, 2024

FAIRMONT, W.Va., March 19, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiaries Mon Power and Potomac Edison have begun construction on their second utility-grade solar site in West Virginia to help meet the state's energy needs and further encourage economic growth.

Key Points: 
  • The Rivesville solar site in Marion County will be situated along Morgan Ridge Road on approximately 27 acres.
  • One MW of solar energy powers a national average of 173 homes, according to the Solar Energy Industries Association.
  • The Rivesville solar site is the second of the companies' five planned solar sites in West Virginia.
  • The Rivesville solar site is being constructed by local union workers, just like the Fort Martin site .

FirstEnergy's Impactful Recycling Initiatives Highlighted on Global Recycling Day

Retrieved on: 
Lundi, mars 18, 2024

AKRON, Ohio, March 18, 2024 /PRNewswire/ -- To commemorate Global Recycling Day on March 18, FirstEnergy Corp. (NYSE: FE) is highlighting various company- and employee-led initiatives that have resulted in more than 7,000 tons of recycled materials over recent years.

Key Points: 
  • FirstEnergy's operational sustainability efforts have led to the recycling of:
    More than 1,500 tons of plastic, metal and cardboard materials.
  • Our recycling achievements underscore our dedication to minimizing our environmental footprint and contributing positively to the communities we serve."
  • One of the standout aspects of FirstEnergy's recycling endeavors has been its employee-led initiatives.
  • Further, more than 250 pairs of employee-donated blue jeans have been repurposed into home insulation, showcasing the innovative and impactful nature of FirstEnergy's approach to recycling.

EnergyHub and Toyota Collaborate to Support the Electrical Grid and Improve EV Ownership Experience

Retrieved on: 
Mercredi, mars 6, 2024

EnergyHub announces that they are collaborating with Toyota Motor North America (Toyota) to improve the electric vehicle (EV) ownership experience.

Key Points: 
  • EnergyHub announces that they are collaborating with Toyota Motor North America (Toyota) to improve the electric vehicle (EV) ownership experience.
  • View the full release here: https://www.businesswire.com/news/home/20240306531012/en/
    EnergyHub announces that they are collaborating with Toyota Motor North America (Toyota) to improve the electric vehicle (EV) ownership experience.
  • “Empowering our Toyota and Lexus EV customers with cost-effective energy solutions that reduce emissions and contribute to the grid underscores Toyota’s commitment to sustainable mobility,” said James George, General Manager, EV Charging Solutions at Toyota.
  • EnergyHub is an independent subsidiary of Alarm.com (NASDAQ: ALRM), the leading platform for the intelligently connected property.