First Energy Bulding
Tim Rudell / WKSU

FirstEnergy just got a $2.5 billion financial boost in its struggle to transition back to a fully regulated utility. Three large investment firms are buying about a 16 percent equity stake in the Akron-based energy company. 

FirstEnergy was successful as both a regulated utility and, initially, in unregulated power generation markets.  Then came new natural gas-fired power plants using cheap and abundant fuel.

photo of The corner alley

Here are your morning headlines for Tuesday, Jan. 16:

photo of Sammis plant

Here are your morning headlines for Wednesday, Jan. 10:

photo of smokestacks

Ohio utilities are considering their next steps after federal regulators knocked down a measure that would have allowed subsidies for struggling power plants. But, there are still options from state lawmakers.

The proposal would have allowed utilities to charge their customers an extra fee to help prop up power plants that struggle to compete in the market. But the Federal Energy Regulatory Commission denied the measure.

form U.S. Rep. Dennis Kucinich stands at a podium
Karen Kasler / Ohio Public Radio

Here are your morning headlines for Tuesday, Jan. 9: