FirstEnergy Corporation Mergers and Acquisitions


FirstEnergy Corporation

76 South Main Street
Akron, OH 44308-1890
United States
Tel:1/330/384-5100
URL: http://www.firstenergycorp.com
Primary Symbol & Exchange:
FE - Common Stock - New York Stock Exchange
Industry:
Utilities
FirstEnergy Corporation Company Snapshot

FirstEnergy Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

FirstEnergy Corporation M&A History


PJM Interconnection LLC acquires FirstEnergy-Transmission Asts from FirstEnergy Corp (pending) PJM Interconnection LLC acquires  FirstEnergy-Transmission Asts from FirstEnergy Corp (pending)Jul 31, 2009

US - PJM Interconnection LLC plans to acquire the transmission assets of FirstEnergy Corp, an Akron- based electric utility and holding company.

FirstEnergy Corp-Undisclosed acquires Bull Mountain Mine Operations, (pending) FirstEnergy Corp-Undisclosed acquires Bull Mountain Mine Operations, (pending)Jul 17, 2008

US - An undisclosed joint venture between FirstEnergy Corp (FE) and Boich Cos (BC) agreed to acquire an ##% interest in the Bull Mountain mine operations (BM), located in Roundup, Montana, a coal mining property. The transaction was to include ###

Maxim Power Corp acquires Jersey Central Power-Forked from FirstEnergy Corp Maxim Power Corp acquires Jersey Central Power-Forked from FirstEnergy CorpApr 17, 2008

US - Maxim Power Corp acquired the forked river power station, located in Ocean County, New Jersey, of Jersey Central Power & Light, from GPU Inc, a unit of FirstEnergy Corp, for $## mil. The transaction had been subject to regulatory approval.

First Communications LLC acquires FirstEnergy Telecom Svcs Inc from FirstEnergy Corp First Communications LLC acquires FirstEnergy Telecom Svcs Inc from FirstEnergy CorpMar 10, 2008

US - First Communications LLC acquired FirstEnergy Telecom Services Inc, a provider of telecommunication services, from FirstEnergy Corp, for $## mil in cash.

Olympus Power LLC acquires FirstEnergy Corp-20 MW from FirstEnergy Corp Olympus Power LLC acquires FirstEnergy Corp-20 MW from FirstEnergy CorpOct 01, 2007

US - Olympus Power LLC acquired a ## MW hydroelectric facility, located in York Haven, Pennsylvania, of FirstEnergy Corp, an electric utility and holding company.

HB Acquisition Co LLC acquires Hattenbach Co from FirstEnergy Corp through a leveraged buyout HB Acquisition Co LLC acquires Hattenbach Co from FirstEnergy Corp through a leveraged buyoutAug 17, 2006

US - HB Acquisition Co LLC acquired Hattenbach Co, a provider of store layout and design services, from FirstEnergy Services Corp, a unit of First Energy Corp, in a leveraged buyout transaction.

RBI Acquisition Co acquires Roth Brothers Inc from FirstEnergy Corp through a leveraged buyout RBI Acquisition Co acquires Roth Brothers Inc from FirstEnergy Corp through a leveraged buyoutAug 09, 2006

US - RBI Acquisition Co acquired Roth Brothers Inc, a manufacturer of heating and ventilating equipment, from FirstEnergy Services Corp, a unit of FirstEnergy Corp, in a leveraged buyout transaction.

Investor Group acquires GPU Argentina Holdings Inc from FirstEnergy Corp Investor Group acquires GPU Argentina Holdings Inc from FirstEnergy CorpSep 13, 2005

ARGENTINA - An investor group acquired GPU Argentina Holdings Inc, a holding company.

Cranston Acquisition Group acquires LH Cranston & Sons Inc from FirstEnergy Corp Cranston Acquisition Group acquires LH Cranston & Sons Inc from FirstEnergy CorpJun 05, 2005

US - Cranston Acquisition Corp acquired LH Cranston & Sons Inc, a provider of electrical and mechanical contracting services, from FirstEnergy Corp.

Amerada Hess Corp acquires FirstEnergy Solutions-Retail from FirstEnergy Corp Amerada Hess Corp acquires FirstEnergy Solutions-Retail from FirstEnergy CorpMar 31, 2005

US - Amerada Hess Corp acquired the retail natural gas business of FirstEnergy Solutions, a provider of energy related products and services, including the generation and sale of electricity. Terms were not disclosed.

Teton Capital Group LLC acquires Power Piping Co from FirstEnergy Corp through a leveraged buyout Teton Capital Group LLC acquires Power Piping Co from FirstEnergy Corp through a leveraged buyoutMar 05, 2005

US - Teton Capital Group LLC acquired Power Piping Co, a manufacturer of industrial pipes, and a unit of First Energy Corp, in a leveraged buyout transaction.

WRS Acquisition Corp acquires Elliot-Lewis Corp from FirstEnergy Corp WRS Acquisition Corp acquires Elliot-Lewis Corp from FirstEnergy CorpMar 05, 2005

US - WRS Acquisition Corp acquired Elliott-Lewis Corp, a provider of heating, ventilating, air conditioning, and energy management services, from First Energy Corp's First Energy Services Corp subsidiary.

Energy Conservation Services acquires Spectrum Control Systems from FirstEnergy Corp Energy Conservation Services acquires Spectrum Control Systems from FirstEnergy CorpJan 14, 2005

US - Energy Conservation Services acquired Spectrum Control Systems, a provider of mechanical services such as plumbing, heating and air conditioning, from FirstEnergy Corp's FirstEnergy Facilities Services Group LLC subsidiary. Terms were not disclosed.

Chevron Energy Solutions LP acquires FirstEnergy Solutions-Assets from FirstEnergy Corp Chevron Energy Solutions LP acquires FirstEnergy Solutions-Assets from FirstEnergy CorpMar 31, 2004

US - Chevron Energy Solutions LP, a unit of ChevronTexaco Corp, acquired the performance contracting assets of FirstEnergy Solutions, a provider of energy related products and services and a subsidiary of FirstEnergy Corp.

Bolivia Integrated Energy Ltd acquires Guarachi America Inc from FirstEnergy Corp Bolivia Integrated Energy Ltd acquires Guarachi America Inc from FirstEnergy CorpFeb 02, 2004

BOLIVIA - Bolivia Integrated Energy Ltd, a unit of London-based Independent Power Corp Plc, acquired Guarachi America Inc (GA), an electric utility, from FirstEnergy Corp. Terms were not disclosed. GA held a ##% interest in Empresa Guarachi SA (EGSA).

Investor acquires Webb Technologies from FirstEnergy Corp Investor acquires Webb Technologies from FirstEnergy CorpFeb 10, 2003

US - Investor Howard Webb acquired Webb Technologies, a manufacturer of refrigeration equipment, from FirstEnergy Corp. Terms were not disclosed. Concurrently, Mr. Webb agreed to acquire Colonial Mechanical Corp.

Howard Webb acquires Colonial Mechanical Corp from FirstEnergy Corp (pending) Howard Webb acquires Colonial Mechanical Corp from FirstEnergy Corp (pending)Dec 20, 2002

US - Howard Webb agreed to acquire Colonial Mechanical Corp, a provider of air conditioning services, from FirstEnergy Corp's(FE) FirstEnergy Services Corp subsidiary. Terms were not disclosed. Concurrently, Mr. Webb agreed to acquire Webb Technologies, a unit of FE.

DTE Energy Co acquires FirstEnergy-Coal Power Plants from FirstEnergy Corp (pending) DTE Energy Co acquires FirstEnergy-Coal Power Plants from FirstEnergy Corp (pending)Dec 11, 2002

US - DTE Energy Co planned to acquire # coal power plants, located in Eastlake, Ashtabula, Lake Shore and Bay Shore, Ohio, from FirstEnergy Corp (FEC), an electric utility. Previously, NRG Energy Inc, a majority-owned unit of Xcel Energy Inc

FirstEnergy Corp seeking buyer for Egsa(First Energy Corp) FirstEnergy Corp seeking buyer for Egsa(First Energy Corp)Aug 13, 2002

BOLIVIA - In Agosto ####, First Energy Corp announced that it was seeking a buyer for its ##% interest in Egsa, an electric utility.

NRG Energy Inc withdraws offer for FirstEnergy-Coal Power Plants NRG Energy Inc withdraws offer for FirstEnergy-Coal Power PlantsNov 30, 2001

US - NRG Energy Inc, a majority-owned unit of Xcel Energy Inc, terminated its agreement to acquire # coal power plants, located in Eastlake, Ashtabula, Lake Shore and Bay Shore, Ohio, from FirstEnergy Corp (FEC), an electric utility, for $#

FirstEnergy Corporation M&A Summary


FirstEnergy Corporation has made 18 acquisitions while taking stakes in 2 companies. FirstEnergy Corporation has 24 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008002
2007001
2006002
2005006
2004002
2003001
2002000
2001100
2000002
1999706
1998500
1997401
1996110
1995000
1994000
1993000
1992000
1991000
1990011
Total18224

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