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Assets of Electric Power Distributor

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Listing Information


Assets of Electric Power Distributor

Price: $144,000,000.00

Other Item Info
Item #: ohnbke_1034190
Created: 11/23/2018
Category: Business Property > All Assets or Going Concerns > General Industrials
Sale Location: New York, New York
Sale Date: Tue. Jan 15, 2019
Seller Info
Bridget Aileen Franklin
Debtor's Attorney
388 S. Main St. #500
Akron, OH 44311
Bankruptcy Info
Case #: 5:18-bk-50757
Case Title: FirstEnergy Solutions Corp.
Court: Ohio Northern Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents


Sale of assets of FirstEnergy Solutions Corp. which includes:

  • the Owned Real Property;
  • the Entitled Real Property;
  • the West Lorain Facility;
  • the Tangible Personal Property;
  • the Transmission and Interconnection Facilities;
  • the Assumed Contracts;
  • all electric capacity rights and obligations;
  • Transferred Permits;
  • Purchased Intellectual Property;
  • Purchased Warranties;
  • all related rights of the Seller in and to any causes of action against a third party;
  • all Records or copies of Records;
  • certain Emissions Allowances;
  • Seller’s rights to deposits;
  • goodwill of the Business and
  • certain specified assets.

Sale Location

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One Bryant Park
New York, NY, 10036

Additional Details

  1. Auction Time: 9:00 A.M
  2. Sale Hearing on January 25, 2019
  3. Minimum bid: $151,700,000.00
  4. Bid increment: $1,000,000.00
  5. Bid deposit: ten (10%) percent of the purchase price offered
  6. Bid deadline: January 9, 2019
  7. Last date to respond: January 18, 2019

Other Information

Terms and Conditions:

See Attached.

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