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On the Record · Jersey Central Power & Light

Jersey Central Power & Light acquisitions, on the record

The businesses Jersey Central Power & Light 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
Allegheny Energy, Inc. (AE)
Word for word“On February 25, 2011, the merger between FirstEnergy and AE closed.” 10-K for 2011
mergerFebruary 25, 2011—
Fremont Energy Center
Word for word“On July 28, 2011, FirstEnergy completed the sale of the Fremont Energy Center to American Municipal Power, Inc. for $510 million based on 685 MW of output.” 10-K for 2011
divestitureJuly 28, 2011$510 million
FEV's interest in Signal Peak
Word for word“Total other expense in 2011 was $453 million lower than 2010, primarily due to a $569 million gain on the partial sale of FEV's interest in Signal Peak and an increase in nuclear decommissioning trust investment income of $5 million, partially offset by a $121 million increase in net interest expense.” 10-K for 2011
divestiture——
Harrison Power Station
Word for word“The proposed transfer would involve MP's acquisition of the remaining ownership of the Harrison Power Station from AE Supply and the sale of MP's minority interest in the Pleasants Power Station to AE Supply.” 10-K for 2012
agreed acquisition——
Pleasants Power Station
Word for word“The proposed transfer would involve MP's acquisition of the remaining ownership of the Harrison Power Station from AE Supply and the sale of MP's minority interest in the Pleasants Power Station to AE Supply.” 10-K for 2012
agreed divestiture——
Lessor equity and other interests in the 1987 Bruce Mansfield sale and leaseback transactions
Word for word“During 2012, FG acquired certain lessor equity and other interests in connection with exercising the EBO option under the 1987 Bruce Mansfield sale and leaseback transactions for an aggregate purchase price of approximately $262.2 million.” 10-K for 2012
acquisitionDuring 2012approximately $262.2 million
Lessor equity interests in OE's existing sale and leaseback of Beaver Valley Unit 2
Word for word“During 2012, NG repurchased lessor equity interests in OE's existing sale and leaseback of Beaver Valley Unit 2 for $129 million and FG acquired certain equity or other interests in connection with the 1987 Bruce Mansfield Plant sale and leaseback transactions for $262.2 million .” 10-K for 2012
acquisitionDuring 2012$129 million
Allegheny Energy
Word for word“The decrease in distribution service revenues for the pre-merger companies (FirstEnergy as it was organized prior to the February 2011 merger with Allegheny) primarily reflects lower transition revenues due to the completion of transition cost recovery by CEI in December 2010, an NJBPU-approved rate adjustment that became effective March 1, 2011, for all JCP&L customer classes, and the mid-year suspension of the Ohio Companies' recovery of deferred distribution costs.” 10-K for 2012
mergerFebruary 2011—

Deal filings since 2016

Read from Jersey Central Power & Light’s annual reports (10-K for 2025, 10-K for 2012, 10-K for 2011) 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.