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FirstEnergy10-K: Major contract win

FirstEnergy's 'Grid Growth' JV awarded $1B transmission project in Feb 2026

What happened

The 'Grid Growth' joint venture, co-owned by FirstEnergy, was awarded a new transmission project valued at approximately $1 billion just days before the filing date. This represents an immediate, large-scale capital investment initiative requiring significant resources for design, construction, and project management.

Source

SEC EDGARFeb 18, 2026

Annual report (Form 10-K)

FirstEnergy 10-K for FY2025

Filing excerpt

On February 12, 2026, in response to the PJM 2025 RTEP Long-Term Proposal Window #1, PJM awarded a project to Grid Growth estimated to be approximately $1 billion, with FET’s share estimated to be approximately $448 million.

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: Major contract win

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

Numbers

Dollar figure
$1B (Estimated value of transmission project awarded to Grid Growth JV)

Details

CIK
53456
Accession number
0001031296-26-000046
Timeframe
Current year
Filing year
2026
Why it matters
Scaling needs
Signal category
Revenue

Topics and mentions

Technologies

  • electric transmission

Extraction

Confidence
High
Relevance
100%
Sentiment
Positive
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
majorContractWin

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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/64c5202f-b871-4442-ae19-cb3d465d275a returns this record as JSON. POST /v1/companies/enrich returns every signal for firstenergycorp.com.

{
  "signal_id": "64c5202f-b871-4442-ae19-cb3d465d275a",
  "signal_type": "sec-10k",
  "signal_subtype": "majorContractWin",
  "detected_at": "2026-02-24T09:26:58.614+00:00",
  "company": {
    "name": "FirstEnergy",
    "domain": "firstenergycorp.com"
  },
  "data": {
    "detail": "The 'Grid Growth' joint venture, co-owned by FirstEnergy, was awarded a new transmission project valued at approximately $1 billion just days before the filing date. This represents an immediate, large-scale capital investment initiative requiring significant resources for design, construction, and project management.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Estimated value of transmission project awarded to Grid Growth JV",
      "dollar_millions": 1000
    },
    "summary": "FirstEnergy's 'Grid Growth' JV awarded $1B transmission project in Feb 2026",
    "excerpts": "On February 12, 2026, in response to the PJM 2025 RTEP Long-Term Proposal Window #1, PJM awarded a project to Grid Growth estimated to be approximately $1 billion, with FET’s share estimated to be approximately $448 million.",
    "relevance": 1,
    "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": "Scaling needs",
    "signal_category": "revenue",
    "technologies_mentioned": [
      "electric transmission"
    ]
  }
}

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