FirstEnergy Corp has made some impressive strides recently, according to various reports. The company has declared a common stock dividend of $0.445 per share and has unveiled a hefty $28B grid upgrade plan aimed at reducing outages for around 12,000 customers. It has also announced Q4 and full-year 2024 financial results and the participation of its CEO in the Pennsylvania Energy and Innovation Summit. Additionally, the company names multiple individuals to various VP positions to ensure strategic growth.
The company's commitment to the community is evident by the grants provided to several nonprofits. Improvements are also being made to the infrastructure, including power upgrades in Clark County to support manufacturing and economic growth. Furthermore, FirstEnergy is making significant inroads with the use of AI in their grid overhaul and was awarded a $50 million smart grid grant by the U.S. Department of Energy. The air saw tree trimming initiative and planting of more than 100,000 trees indicate their focus on environmental sustainability.
Firstenergy Corp FE News Analytics from Thu, 12 Sep 2024 07:00:00 GMT to Thu, 24 Jul 2025 16:53:53 GMT - Rating 7 - Innovation 8 - Information 6 - Rumor 0
