FirstEnergy announces $2.8B expansion of transmission initiative

theflyonthewall.com

FirstEnergy has announced that it plans to invest an additional $2.8B over four years to expand its previously announced "Energizing the Future" transmission initiative. The main focus of the initial construction effort will be the 69 kilovolt transmission power lines and substations in the Ohio Edison, Cleveland Electric Illuminating Company, Toledo Edison and Penn Power areas. The program is expected to be expanded into other FirstEnergy service territories during the next several years. Work on these new "Energizing the Future" projects is expected to begin in 2014 and continue through 2017.

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