FirstEnergy Units Settle $1B W.Va. Power Plant Transaction
By Joshua Alston ( August 21, 2013, 9:42 PM EDT) -- FirstEnergy Corp. subsidiaries Monongahela Power Co. and Potomac Edison Co. on Wednesday announced a settlement that will allow Mon Power to acquire most of the capacity of a West Virginia power plant after convincing state regulators the $1.1 billion transaction won't harm ratepayers....
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