American Transmission Systems, a subsidiary of FirstEnergy, is constructing a new high-voltage transmission line in Lorain County, Ohio, that will enhance service reliability for approximately 28,000 customers, the company said in a statement. The 138-kilovolt transmission line, built alongside existing power lines, extends from a substation in the city of Lorain to a substation in Wellington Township and will improve service for customers in the Wellington, Carlisle, Homer and Seville areas. The $24.7M project includes installation of seven miles of new power line along the route and the reconfiguration of 20 miles of existing transmission line.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on FE: