8-KOther Events

FIRSTENERGY CORP 8-K Report (Sep 11, 2002)

Filed September 11, 2002For Securities:FE

Summary

This Form 8-K filing from FirstEnergy Corp., dated September 11, 2002, reports on an event that occurred on September 9, 2002. The primary information concerns a press release issued by FirstEnergy Nuclear Operating Company regarding the Davis-Besse Nuclear Power Station. This station is jointly owned by The Cleveland Electric Illuminating Company and The Toledo Edison Company, both wholly owned subsidiaries of FirstEnergy Corp. Investors should note that while the specific contents of the press release are not detailed within the 8-K itself, its issuance triggers this filing. The focus is on the operational status or significant developments related to the Davis-Besse nuclear facility, which is a material asset for the company and its subsidiaries. Further details regarding the implications of this press release would be found in the exhibit itself, which is incorporated by reference.

Key Highlights

  • 1FirstEnergy Corp. (FE) filed a Form 8-K on September 11, 2002.
  • 2The filing relates to a press release issued on September 9, 2002, by FirstEnergy Nuclear Operating Company.
  • 3The press release concerns the Davis-Besse Nuclear Power Station.
  • 4The Davis-Besse Nuclear Power Station is jointly owned by two FirstEnergy subsidiaries: The Cleveland Electric Illuminating Company and The Toledo Edison Company.
  • 5The press release is filed as Exhibit 99 to this Form 8-K.
  • 6Harvey L. Wagner, Vice President, Controller and Chief Accounting Officer, signed the report on behalf of the registrants.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the issuance of a press release by FirstEnergy Nuclear Operating Company concerning the Davis-Besse Nuclear Power Station. This press release is considered a material event that requires public disclosure.

The Davis-Besse Nuclear Power Station is jointly owned by The Cleveland Electric Illuminating Company and The Toledo Edison Company, both of which are wholly owned subsidiaries of FirstEnergy Corp.

This Form 8-K filing does not contain the specific details of the press release. It is filed as an exhibit (Exhibit No. 99) to the report, and investors would need to review that exhibit for the precise information disseminated by FirstEnergy Nuclear Operating Company.

As a jointly owned asset of two of its key subsidiaries, the Davis-Besse Nuclear Power Station is likely a significant component of FirstEnergy's power generation portfolio. Any developments reported by the operating company would be material to the financial performance and operational status of FirstEnergy.