FirstEnergy Solutions to Become Energy Harbor

Days before Thanksgiving, FirstEnergy Solutions announced it will rename itself Energy Harbor once its bankruptcy restructuring is finalized. The privately held corporation — which operates Ohio’s two nuclear power plants, as well as other generation facilities — will remain based in Akron.

This week, the Nuclear Regulatory Commission approved a transfer of operating licenses for the nuke plants to the newly named management. The transfers will become effective upon completion of bankruptcy proceedings. Last summer, the Ohio General Assembly approved House Bill 6 to subsidize these facilities. 12/5/2019