FirstEnergy CEO Chuck Jones
Despite scandal, DeWine says he takes corruption seriously
Despite a massive bribery scandal related to a lobbying effort involving his appointees and members of his administration, Ohio Gov. Mike DeWine says his administration takes corruption seriously.
Chairman of panel nominating regulator’s replacement also has ties to FirstEnergy, nuclear bailout
The connections between a power company at the center of a massive scandal involving a nuclear bailout and the Ohio agency that’s supposed to regulate it increasingly appear to be deep. Consider: On Jan. 31, 2019, Michael Koren chaired a meeting of the Public Utility Commission of Ohio’s Nominating Council, which recommends people for posts […]
Ohio utility poised to keep scandal-tainted bailout money even if it’s repealed
When it comes to billions of ratepayer dollars for bailouts and other add-ons, Ohio utilities are in a no-lose situation. In the case of the scandal-plagued, billion-dollar bailout of two Northern Ohio nuclear reactors, their owner is poised to keep any money they collect even if the legislature repeals the bailout. State Rep. Mark Romanchuk, […]
Bankruptcy judge orders lobbyists to explain their role in HB 6
A federal judge handling the bankruptcy of a company involved in an allegedly corrupt nuclear bailout has ordered a prominent law firm to explain its role in the affair. The firm, Akin Gump Strauss Hauer & Feld, LLP, served both as lead bankruptcy counsel to the company receiving the $1.3 billion ratepayer bailout and as […]
FirstEnergy firings prompt regulatory audit in nuclear bailout scandal
It slipped under the radar last week, but on the day after the presidential election the Public Utility Commission of Ohio ordered a management audit of Akron-based FirstEnergy Corp. to determine whether it abided by separation rules when it spun off its nuclear reactors in 2016.
The nuclear bailout nobody’s talking about
Bankruptcy of former FirstEnergy subsidiary might be yet another bailout for Akron utility conglomerate.
Power company says utility commission has no power to investigate role in bailout scandal
An Akron-based utility company that figures prominently in a massive nuclear bailout scandal is saying that state regulators don’t have the authority to investigate whether the company improperly financed the bailout effort. Over the past week, FirstEnergy Corp. has filed two documents with the Public Utilities Commission of Ohio saying that the commission and the […]
FirstEnergy says it didn’t have “strategic direction” of nuclear plants during bailout scandal
FirstEnergy is trying to distance itself from a massive corruption scandal that has gripped the Statehouse since July, but it's unclear whether federal or state officials are buying it.