June 2, 2025
AES, GenOn win waivers from FERC for re-start of shuttered fossil assets in PJM
The decisions enable two mothballed power plants totaling over 300-MW of capacity to potentially return to service in PJM, addressing capacity needs.
The decisions enable two mothballed power plants totaling over 300-MW of capacity to potentially return to service in PJM, addressing capacity needs.
GenOn Holdings Inc. faces FERC penalties for inaccurate energy market offers in PJM Interconnection.
BofA’s acquisition makes it a top GenOn owner, alongside distressed debt and private equity investor Strategic Value Partners and investment management firm MacKay Shields.