FirstEnergy agrees to sell 340 MW natural gas power plant

Akron, Ohio, December 17, 2009 — FirstEnergy Corp. said its FirstEnergy Generation Corp. unit agreed to sell its 340-MW Sumpter Plant in Sumpter, Michigan, to Wolverine Power Supply Cooperative, Inc., for an undisclosed amount. 

The sale is expected to close in first quarter of 2010. The plant, built in 2002 by FirstEnergy Generation Corp., consists of four 85-MW natural gas combustion turbines.

Wolverine Power Cooperative, headquartered in Cadillac, Michigan, is a generation and transmission cooperative that provides wholesale electricity to six members in that state.

FirstEnergy is a diversified energy company headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, as well as energy management and other energy-related services.

 

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