FIRSTENERGY TO INVEST IN LONG-TERM INFRASTRUCTURE IMPROVEMENT PLAN

FirstEnergy Corporation will invest $1.42 billion for the third phase of its Long-Term Infrastructure Improvement Plan.   $368 million is dedicated to West Penn Power projects.  $538 million will be dedicated to Penelec projects. The money will fund FirstEnergy’sEnergize365 program, which the company says will create a “smarter, more secure and resilient grid”.  The program was approved in 2012 and had already had more than a billion dollars invested in it.  It features grid modernization and “system resiliency” projects.