FirstEnergy acquires Pleasants Power Station for $195 million

Client(s) FirstEnergy Corp.

Jones Day is advising Monongahela Power Company, a subsidiary of FirstEnergy Corp., in its acquisition of the Pleasants Power Station ("Pleasants") from Allegheny Energy Supply Company, LLC, an affiliate and subsidiary of FirstEnergy Corp., for $195 million. Pleasants is a 1,300 megawatt coal-fired power plant located along the Ohio River near Belmont, West Virginia.