Potomac Edison, part of FirstEnergy Corp., is requesting approval from Virginia regulators for the Gore-Doubs-Goose Creek Improvements Project, which will rebuild and add transmission lines across Virginia, Maryland, and West Virginia. The project aims to strengthen the grid, increase capacity, and support growing electricity demand while minimizing community impact by using existing routes. Construction is planned to start in 2028 with completion targeted for December 2030 in Virginia. This upgrade was awarded by PJM to enhance regional grid reliability and facilitate renewable energy integration.
FirstEnergy Corp. (FE), owner of Potomac Edison, trades at USD 47.08 on Pluang as of Nov 02, 2026 23:41 WIB, near its 52-week low of USD 43.04 but below the 52-week high of USD 51.91. The stock shows a modest 1-day gain of 0.36% and offers a dividend yield of 3.97%, reflecting steady investor interest despite the long-term infrastructure plans announced.
The FirstEnergy Foundation is donating $115,000 to 14 Pennsylvania organizations that assist individuals and families facing homelessness, domestic violence, and housing challenges. This funding supports emergency shelters, basic needs, and vital pro...
FirstEnergy is trading at a valuation under 16 times its 2027 earnings per share and offers a 4% dividend yield, with growth prospects comparable to its peers. The company's mid-term growth is supported by increased demand from data centers, a $2.5 b...
