Firstenergy Announces Transformative $3.4 Billion Of Equity Financings, Introduces Long-Term Earnings Growth Rate Of 6-8%
Amount Raised
$3.4 Billion
Round Type
Venture
AkronEnergySoftwareDescription
FirstEnergy Corp. (NYSE: FE) today announced two strategic financings with two of the premier global infrastructure funds – Blackstone Infrastructure Partners and Brookfield Super-Core Infrastructure Partners (Brookfield) – that will raise a combined $3.4 billion in equity proceeds to strengthen FirstEnergy's financial position, capitalize on incremental investment opportunities and address all equity plans. FirstEnergy also introduced a long-term EPS growth rate of 6-8%.
Quick answer
FirstEnergy raised $3.4 Billion in a funding round, dated November 7, 2021. FirstEnergy is based in Akron, Ohio, United States.
- How much did FirstEnergy raise?
- FirstEnergy raised $3.4 Billion in a funding round on November 7, 2021.
- What does FirstEnergy do?
- FirstEnergy is dedicated to integrity, safety, reliability and operational excellence.
- Where is FirstEnergy based and how big is it?
- FirstEnergy is based in Akron, Ohio, United States. Fundz records about 13,000 employees.
- Who are the decision-makers at FirstEnergy?
- Fundz holds 3 contacts at FirstEnergy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Software around the same time
Companies in the same sectors as FirstEnergy that raised within 45 days of this round, from Fundz verified event records.
- HData Compliance raised $3.1M on December 22, 2021.
- Green Places raised $425K (Seed) on December 16, 2021.
- Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
- Inclusive Energy raised an undisclosed amount (Funding Round) on December 15, 2021.
- Anchorage Digital raised $350M (Series D) on December 15, 2021.
- Uplight raised $102M on December 13, 2021.
Who to call at FirstEnergy, and when
A new round usually means FirstEnergy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day FirstEnergy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at FirstEnergy, from your own LinkedIn network
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Related People
FirstEnergy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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