Independent Power Producers and Energy Traders
Company Overview of Allegheny Energy Supply Company, LLC
Allegheny Energy Supply Company, LLC engages in the generation and sale of electricity. The company owns and controls 7,015 megawatts of nominal maximum operational generation capacity from coal-fired, gas-fired, pumped-storage and hydro, and oil-fired fuel sources. It has operations in Pennsylvania, West Virginia, and Maryland. The company was founded in 1999 and is based in Greensburg, Pennsylvania. Allegheny Energy Supply Company, LLC operates as a subsidiary of Allegheny Energy, Inc.
800 Cabin Hill Drive
Greensburg, PA 15601-1689
Founded in 1999
Key Executives for Allegheny Energy Supply Company, LLC
Principal Accounts Officer and Controller
Compensation as of Fiscal Year 2013.
Allegheny Energy Supply Company, LLC Key Developments
FirstEnergy Subsidiaries Apply for Authorization to Sell Eleven Hydroelectric Power Stations to Harbor Hydro Holdings
Sep 4 13
FirstEnergy Corp. announced that its subsidiaries have applied for authorization from the Federal Energy Regulatory Commission (FERC) to sell 11 hydroelectric power stations in Pennsylvania, Virginia and West Virginia to Harbor Hydro Holdings, LLC, a subsidiary of LS Power Equity Partners II, LP. A sales agreement was reached on August 23, 2013 and if approved, the proposed transaction is expected to close in the fourth quarter of 2013. The agreement is subject to customary and other closing conditions, including FERC, the Commonwealth of Virginia's State Corporation Commission and various other approvals. The hydroelectric power stations included in this proposed sale are owned by FirstEnergy Generation, LLC, Allegheny Energy Supply Company, LLC and Green Valley Hydro, LLC and have a total capacity of 527 megawatts, which represents less than 3% of FirstEnergy's generation fleet output.
FirstEnergy Corp. Announces Expiration of Any and All Tender Offers of FirstEnergy Solutions Corp. and Allegheny Energy Supply Company, LLC and Early Tender Offer Results for FirstEnergy Solutions' Maximum Tender Offer
Mar 14 13
FirstEnergy Corp. announced that, pursuant to the previously announced cash tender offers for up to $1,080,000,000 in aggregate principal amount of the respective debt securities (the Notes) of FirstEnergy's subsidiaries, FirstEnergy Solutions Corp. (FES) and Allegheny Energy Supply Company, LLC (AE Supply and together with FES, the Companies), as the case may be, $411,153,000 million in aggregate principal amount of Notes subject to the Any and All Offers were validly tendered and not validly withdrawn prior to the expiration of the Any and All Offers at 5:00 p.m. EDT on March 13, 2013 (such time and date, the Any and All Offer Expiration Date), and $252,663,000 in aggregate principal amount of Notes subject to the Maximum Tender Offer were validly tendered and not validly withdrawn prior to the early tender date of 5:00 p.m. EDT on March 13, 2013 (such time and date, the Early Tender Date), according to the information provided by Bondholder Communications Group, LLC, the information and tender agent for such offers. The tender offers consist of four separate offers (each an Offer, and collectively, the Offers) on the terms set forth in the Offer to Purchase and related Letter of Transmittal, each dated February 28, 2013, with one Offer to purchase any and all outstanding 5.75% Notes due 2019 issued by AE Supply, a second Offer to purchase any and all outstanding 6.75% Notes due 2039 issued by AE Supply, a third Offer to purchase any and all outstanding 6.80% Senior Notes due 2039 issued by FES (each of the foregoing an Any and All Offer), and a fourth Offer to purchase up to the Maximum Tender Amount of the 6.05% Senior Notes due 2021 (the 6.05% Notes) issued by FES (the Maximum Tender Offer). Each Company is offering to purchase only those Notes issued by it.
FirstEnergy Solutions Requests Federal Energy Regulatory Commission to Direct PJM Interconnection to Revise Open Access Transmission Tariff and Operating Agreement
Dec 29 11
Federal Energy Regulatory Commission Rules of Practice and Procedures, 18 CFR 385.206, FirstEnergy Solutions Corp., Allegheny Energy Supply Company, LLC collectively filed a formal complaint against PJM Interconnection, L.L.C. alleging that provisions of the Respondent's Open Access Transmission Tariff and Operating Agreement (OA), as related to the rules governing the funding of Financial Transmission Rights, are unjust, unreasonable, unduly discriminatory and preferential. The complainants request that the commission direct the Respondent to revise the Tariff and OA prior to the start of the Auction Revenue Rights allocation process in March 2012 to eliminate the references to the real-time market in the calculation of congestion charges that FTR holders receive and direct the Respondent to allocate incremental real-time transmission congestion charges to all customers of the transmission system on a pro rata basis. The Complainant certifies that copies of the complaint were served on the contacts for PJM as listed on the Commission's list of Corporate Officials.
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