Akin Gump Advises FirstEnergy Solutions Through Completion of Financial Restructuring and Ch. 11 Emergence
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(New York) – Energy Harbor Corp. announced today that the company has successfully completed its chapter 11 restructuring process and has emerged as a premier power producer and retail supplier well positioned for a low-carbon future. A team from Akin Gump advised the company, formerly known as FirstEnergy Solutions, in the restructuring.
Energy Harbor serves nearly 1 million residential, commercial and industrial customers. Headquartered in Akron, Ohio, it is an independent company with a workforce of 2,600 employees.
The Akin Gump team advising the client included:
- Financial restructuring partners Ira Dizengoff, Scott Alberino, Lisa Beckerman and Brad Kahn and counsel Kate Doorley.
- Corporate partners Dan Fisher and Zach Wittenberg.
- Energy regulation, markets and enforcement head Chip Cannon.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 1,000 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East. Founded in 1945, the firm is proudly celebrating its 75th anniversary in 2020. #AkinGump75
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