FirstEnergy

FirstEnergy Corp. is a diversified energy company based in Akron, Ohio, specializing in the generation, transmission, and distribution of electricity across the United States. The company operates through regulated distribution and transmission segments, utilizing a diverse mix of energy sources, including coal, nuclear, hydroelectric, natural gas, wind, and solar power. FirstEnergy manages an extensive network of infrastructure, comprising over 24,486 circuit miles of transmission lines and approximately 269,691 miles of distribution lines. It serves around six million customers across multiple states, including Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. Founded in 1996, FirstEnergy aims to be a leading regional energy provider while offering various energy-related products and services to both retail and wholesale customers.

Stephen J. Avila

Vice President of Customer Care

Amanda Mertens Campbell

Vice President, External Affairs

John Combs

Senior Vice President

Michael J. Dowling

Senior Vice President, External Affairs

Charles Lasky

Executive and Senior Vice President

Abigail Phillips

Vice President and Chief Risk Officer

Wade Smith

President

Toby L. Thomas

COO

12 past transactions

Energy Innovation Center

Grant in 2024
Energy Innovation Center is a non profit organization that provides sustainability, education, and workforce development programs.

Konscious Youth Development & Service

Grant in 2024
Konscious Youth Development & Service is a non-profit conscious youth development organisation that uses holistic practises to transform youth, schools, and communities.

On Eagles' Wings

Grant in 2023
On Eagles' Wings offers a safe environment for people with disabilities to enrich and improve their lives via equine assisted activities and therapies.

UBIZ Venture Capital

Corporate Round in 2022
UBIZ Venture Capital (UVC) is a specially designed platform aimed at providing equal opportunities to small businesses that have been historically underserved or disadvantaged. UVC achieves this by offering comprehensive pre-loan counseling and technical training, which are integral components of its service delivery model. The primary objective of UVC is to empower small businesses with the necessary knowledge and resources to compete and grow in their respective industries while also granting access to capital.

Allegheny Energy

Acquisition in 2011
Allegheny Energy, Inc. owns & operates electric generation facilities & delivers electric services.

HomeServe USA

Acquisition in 2006
HomeServe USA is an independent provider of home repair service plans, headquartered in Norwalk, Connecticut. Established to protect homeowners from the unexpected costs and disruptions associated with water, sewer, electrical, heating, and cooling emergencies, the company offers affordable coverage and dependable service. HomeServe USA serves over 2 million homeowners across the U.S. and Canada, ensuring access to essential repairs through comprehensive plans that cover parts and labor. The company emphasizes customer satisfaction and collaborates with leading utility partners to deliver efficient emergency repair solutions directly to consumers.

Perfect Commerce

Venture Round in 2005
Perfect Commerce is a provider of software-as-a-service (SaaS) spend management solutions and an open supplier network designed for small and medium-sized organizations. The company offers a range of solutions, including PerfectSource, which focuses on effective supply management; PerfectProcure, which manages the procure-to-pay process; and PerfectShop, which enhances visibility of approved goods and services. Additionally, Perfect Commerce features PerfectServices, a sourcing solution that identifies organizational needs and analyzes spending data to create tailored business solutions. The company also operates an Open Supplier Network, facilitating B2B transactions between buyers and suppliers. Its services cater to various industries, including chemicals, retail, energy, financial services, healthcare, hospitality, food products, education, manufacturing, technology, and transportation.

Powerspan

Venture Round in 2003
Powerspan Corp, originally founded as Zero Emissions Technology in 1994, specializes in multi-pollutant control technology aimed at reducing emissions from coal-fired electric power plants. Recognizing the challenges posed by compliance requirements of the Clean Air Act, Powerspan developed an integrated system that addresses the control of sulfur dioxide, nitrogen oxides, oxidized mercury, and fine particulate matter. This innovative approach allows power plant operators to meet stringent environmental standards while minimizing costs associated with traditional methods, which often require separate installations for each pollutant. By offering a comprehensive solution, Powerspan enables electric power plants to navigate increasingly complex regulatory landscapes efficiently and effectively.

APX

Series C in 2000
APX, Inc., founded in 1996 and based in San Jose, California, specializes in providing software solutions for the energy and environmental markets. The company offers a range of infrastructure solutions, including environmental asset management, renewable energy certificate creation and transactions, greenhouse gas offset tracking, demand response systems, and supervisory control and data acquisition solutions. APX also provides services such as real-time agent support, transaction management, resource control, and helpdesk services. Additionally, the company offers MarketSuite solutions for scheduling, operations, settlement processes, and third-party integrations related to ISO market participation and demand response programs. With a focus on innovation and deep domain expertise, APX delivers technology and service solutions that ensure trust, integrity, and experience in the energy and environmental sectors.

GPU

Acquisition in 2000
GPU, Inc., a public utility holding company, was engaged in providing utility and utility-related services to customers.

Powerspan

Venture Round in 2000
Powerspan Corp, originally founded as Zero Emissions Technology in 1994, specializes in multi-pollutant control technology aimed at reducing emissions from coal-fired electric power plants. Recognizing the challenges posed by compliance requirements of the Clean Air Act, Powerspan developed an integrated system that addresses the control of sulfur dioxide, nitrogen oxides, oxidized mercury, and fine particulate matter. This innovative approach allows power plant operators to meet stringent environmental standards while minimizing costs associated with traditional methods, which often require separate installations for each pollutant. By offering a comprehensive solution, Powerspan enables electric power plants to navigate increasingly complex regulatory landscapes efficiently and effectively.

Marbel Energy Corp.

Acquisition in 1998
Marbel Energy, a closely held natural gas company in Canton, Ohio.
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