FirstEnergy Completes Sale of Eleven Hydroelectric Power Stations to LS Power’s Harbor Hydro Holdings, LLC
FirstEnergy Corp. (NYSE: FE) has completed the sale of 11 hydroelectric power stations to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP, for approximately $395 million. The two companies originally announced the sales agreement in September 2013. The hydroelectric power stations...