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| Brief Excerpt: | ...FirstEnergy Transmission, LLC's (FET) ratings and outlook reflect the underlying strength of FET's wholly-owned transmission operating companies, their low business risk profiles and credit-supportive rate regulation. The ratings also take into consideration Brookfield Super-Core Infrastructure Partners (Brookfield) 49.9% ownership interest in FET and the rights and protections afforded the former in its operating agreement with FirstEnergy Corp (FE). FE owns 50.1% of FET. Fitch Ratings estimates average annual 2026-2028 funds from operations (FFO)-adjusted leverage of 5.7x for FET.... |
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| Company(ies) | Ohio Edison Company
, The Potomac Edison Company
, Monongahela Power Company
, Cleveland Electric Illuminating Co.
, Toledo Edison Company
, Allegheny Generating Company
, FirstEnergy Corporation
, Jersey Central Power & Light Company
, Trans-Allegheny Interstate Line Company
, American Transmission Systems, Inc.
, FirstEnergy Transmission LLC
, Mid-Atlantic Interstate Transmission LLC
, KEYSTONE APPALACHIAN TRANSMISSION CO
, FirstEnergy Pennsylvania Electric Company |
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| Format: | | PDF |  |
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