Stratrix
On the Record · Firstenergy

Firstenergy acquisitions, on the record

The businesses Firstenergy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
FET
Word for word“On May 31, 2022, Brookfield and the Brookfield Guarantors acquired 19.9 % of the issued and outstanding membership interests of FET.” 10-K for 2023
divestitureMay 31, 2022—
Akron general office building
Word for word“During the third quarter of 2025, the sale of the Akron general office building was completed.” 10-K for 2025
divestitureDuring the third quarter of 2025—
19.9% of the membership interests of FET (acquired by Brookfield)
Word for word“On May 31, 2022, Brookfield acquired 19.9 % of the issued and outstanding membership interests of FET.” 10-K for 2025
acquisitionMay 31, 2022—
Incremental 30% equity interest in FET
Word for word“On February 2, 2023, FE, along with FET, entered into the FET P&SA II with Brookfield and the Brookfield Guarantors, pursuant to which FE agreed to sell to Brookfield at the closing, and Brookfield agreed to purchase from FE, an incremental 30 % equity interest in FET for a purchase price of $ 3.5 billion.” 10-K for 2025
agreed divestitureFebruary 2, 2023$ 3.5 billion

Deal filings since 2016

Read from Firstenergy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.