FENOC

AcronymDefinition
FENOCFirstEnergy Nuclear Operating Company
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Paul was a Senior Reactor Operator earlier in his career, and has held several fleet vice president roles within the Nuclear Management Company and FENOC.
Harden was a senior reactor operator earlier in his career, and has held several fleet vice president roles within the Nuclear Management Company and Fenoc.
De-Risking FE: Salient features of FE's settlement agreement with FES, FENOC and creditor groups include: a $225 million cash payment and issuance $628 million of notes to FES; transfer of the 1,300MW Pleasants plant (approximately $90 million including outage costs) to creditors; and, $113 million of shared services costs for nine months, among other things.
On March 31, FES, its subsidiaries and FENOC made voluntary Chapter 11 filings under the United States Bankruptcy Code.
Prior to his resignation, Lash has served as vice president of Operations, president of FirstEnergy Generation, chief operations officer at FirstEnergy as well as FENOC fleet operations director.
Its FENOC subsidiary owns and operates the Perry Nuclear Power Plant, in Perry, Ohio; Davis-Besse Nuclear Power Station in Oak Harbor, Ohio; and Beaver Valley Power Station in Shippingport, Pa.
"Davis-Besse's solid outage performance reflects the hard work and dedication of the plant employees and more than 1,000 temporary contract workers and FENOC personnel who assisted with the refueling outage," said FENOC Chief Operating Officer Paul Harden.
More than 1,000 temporary contractor workers and FENOC and FirstEnergy employees will supplement the Davis-Besse workforce during the outage.
Hamilton has more than 23 years of experience in the nuclear power industry and came to FENOC in 2012 as director of Fleet Project Management.
FirstEnergy Nuclear Operating Company (FENOC) is a subsidiary of FirstEnergy (NYSE:FE), an electricity company.
(FENOC), operator of the Davis-Besse nuclear power plant in Oak Harbor, Ohio, have provided "reasonable assurance" that the shield building is capable of performing its safety functions and that the utility can proceed with restarting the plant.