“FirstEnergy supports new development opportunities at our former plant sites,” said James H. Lash, executive vice president and president of FirstEnergy Generation, in a statement.
Akron-based FirstEnergy Corp. (NYSE: FE) said its Allegheny Energy Supply Co. subsidiary has agreed to sell a portion of the closed Hatfield’s Ferry Power Station in Masontown, Pa., for about $40 million.
The buyer is APV Renaissance Partners Opco of Bernardsville, N.J.
FirstEnergy said in a news release that APV has begun engineering and permitting activities “related to the proposed construction of a new, 1,000-megawatt combined cycle natural gas facility on 33 acres at the former plant site.”
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