JCP&L To Pour $200M Into Infrastructure Upgrades

Law360, New York (February 21, 2013, 7:29 PM ET) -- One day after Public Service Electric & Gas Co. unveiled $3.9 billion in upgrades to protect against extreme weather, Jersey Central Power & Light on Thursday said it would invest nearly $200 million to fortify its infrastructure and support Hurricane Sandy rebuilding efforts.

A target of criticism for its restoration efforts in New Jersey following the hurricane, the FirstEnergy Corp. subsidiary serving 1.1 million customers in the state said that improvements slated for this year include a new substation, new circuits, replacement of underground cables, inspection...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers