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FirstEnergy10-K: Joint venture

FirstEnergy forms 'Grid Growth' JV with Transource for transmission projects

What happened

In February 2026, FirstEnergy's subsidiary (FET) and Transource formed the 'Grid Growth' joint venture to develop, construct, and operate transmission projects.

Source

SEC EDGARFeb 18, 2026

Annual report (Form 10-K)

FirstEnergy 10-K for FY2025

Filing excerpt

On February 13, 2026, FET and Transource entered into the Grid Growth Operating Agreement, which established the general framework for FET and Transource to accept, design, develop, construct, own, operate and finance those transmission projects awarded by PJM to certain of the subsidiaries of Grid Growth, on February 12, 2026.

sec.gov/Archives/edgar/data/53456/000103129626000046/fe-20251231.htmRead the full source

Other signals in this filing (10)

Extracted by Autobound

From the Signal API record
Signal
10-K: Joint venture

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 18, 2026

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The full record

From the Signal API record

Details

CIK
53456
Accession number
0001031296-26-000046
Timeframe
Current year
Filing year
2026
Why it matters
New entity needs
Signal category
Strategic

Topics and mentions

Technologies

  • electric transmission

Vendors

  • Transource

Regions named

  • Ohio
  • West Virginia
  • Virginia

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
jointVenture

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/f2de28fd-2c2e-4ecb-ab88-9ee8ded73e9d returns this record as JSON. POST /v1/companies/enrich returns every signal for firstenergycorp.com.

{
  "signal_id": "f2de28fd-2c2e-4ecb-ab88-9ee8ded73e9d",
  "signal_type": "sec-10k",
  "signal_subtype": "jointVenture",
  "detected_at": "2026-02-24T09:26:58.614+00:00",
  "company": {
    "name": "FirstEnergy",
    "domain": "firstenergycorp.com"
  },
  "data": {
    "detail": "In February 2026, FirstEnergy's subsidiary (FET) and Transource formed the 'Grid Growth' joint venture to develop, construct, and operate transmission projects. The formation of this new entity creates opportunities for vendors providing services for new business integration, project management, and operational systems.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "FirstEnergy forms 'Grid Growth' JV with Transource for transmission projects",
    "excerpts": "On February 13, 2026, FET and Transource entered into the Grid Growth Operating Agreement, which established the general framework for FET and Transource to accept, design, develop, construct, own, operate and finance those transmission projects awarded by PJM to certain of the subsidiaries of Grid Growth, on February 12, 2026.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/53456/000103129626000046/fe-20251231.htm",
    "filing_date": "2026-02-18",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "New entity needs",
    "signal_category": "strategic",
    "regions_mentioned": [
      "Ohio",
      "West Virginia",
      "Virginia"
    ],
    "vendors_mentioned": [
      "Transource"
    ],
    "technologies_mentioned": [
      "electric transmission"
    ]
  }
}

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