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Concerns raised about AES contract buyout

June 2, 2023

Potomac Edison’s effort to make an early buyout of its contract with AES Warrior Run is getting pushback from a utility watchdog agency. Potomac Edison, a subsidiary of FirstEnergy Corp., announced in April that it submitted a proposal to the Maryland Public Service Commission to buy out the contract with AES seven years early for $357 million.

Article Source: Cumberland Times-News

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