FirstEnergy unit that runs power plants files for bankruptcy
AKRON, Ohio (AP) " A subsidiary that runs FirstEnergy Corp.'s nuclear and coal-fired power plants has filed for bankruptcy after the utility said earlier that it planned to close its three nuclear plants in Ohio and Pennsylvania.The move announced by FirstEnergy Solutions late Saturday signals the parent company's plan to get out of the power producing business and concentrate on supplying electricity.The subsidiary, which has been saddled by mounting debt, said in a statement [...]
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