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Firstenergy Enters Into Definitive Agreement On Sale of Fremont Energy Center

By TechAgreements

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Akron, Ohio ? FirstEnergy Corp. (NYSE: FE) today entered into a definitive agreement to sell the Fremont Energy Center in Fremont, Ohio, to American Municipal Power, Inc. (AMP).  Under terms of the agreement, the facility would be purchased by AMP for approximately $485 million, based on 685 megawatts (MW) of output.  The transaction would close on or about July 1, 2011.  The companies signed a...

Full post as published by TechAgreements on March 14, 2011 (boomark / email).

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