FirstEnergy charged with fraud, agrees to $230 million fine

Fri, Jul 23, 2021, 12:12PMNuclear News
Davis-Besse nuclear power station, which is operated by EnergyHarbor. (Photo: U.S. NRC)

Akron, Ohio-based FirstEnergy Corporation has been charged with wire fraud and will pay a $230 million monetary penalty over its role in a $61-million corruption and racketeering scheme to secure state subsidies for Ohio’s nuclear power plants, Davis-Besse and Perry.

To continue reading, log in or create a free account!

Related Articles

2023 in Review: January–March

Wed, Jan 10, 2024, 3:32PMNuclear News

Another calendar year has passed. Before heading too far into 2024, let’s look back at what happened in 2023 in the nuclear community. In today's post, compiled from Nuclear News and Nuclear...