Item 2. PROPERTIES

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Item 2. PROPERTIES

The first mortgage indentures for the Ohio Companies, Penn, MP, PE and WP constitute direct first liens on substantially all of the respective physical property, subject only to excepted encumbrances, as defined in the first mortgage indentures. See Note 11, "Capitalization," of the Notes to Consolidated Financial Statements for information concerning financing encumbrances affecting certain of the Utilities’ properties.

FirstEnergy controls the following generation sources as of December 31, 2019, shown in the table below. Except for the OVEC participation referenced in the footnotes to the table, the Corp/Other units are owned by AE Supply and the Regulated Distribution segment generating units are owned by either JCP&L or MP.



Plant (Location)	Unit	Total		Corp/Other	Regulated Distribution
		Net Demonstrated Capacity (MW)
Super-critical Coal-fired:
Harrison (Haywood, WV)	1-3	1,984		—	1,984
Pleasants (Willow Island, WV)	1-2	1,300	(1)	1,300	—
Fort Martin (Maidsville, WV)	1-2	1,098		—	1,098
		4,382		1,300	3,082
Sub-critical and Other Coal-fired:
OVEC (Cheshire, OH) (Madison, IN)	1-11	78	(2)	67	11

Pumped-storage Hydro:
Bath County (Warm Springs, VA)	1-6	487	(3)	—	487
Yard’s Creek (Blairstown Twp., NJ)	1-3	210	(4)	—	210
		697		—	697
Total		5,157		1,367	3,790


(1)	On August 26, 2018, FirstEnergy, the FES Key Creditor Groups, the FES Debtors and the UCC entered into a FES Bankruptcy settlement agreement which included the transfer of the Pleasants Power Station and related assets to FES or its designee for the benefit of FES' creditors. Prior to the transfer, which was completed on January 30, 2020, and beginning January 1, 2019, FES acquired the economic interests in Pleasants and AE Supply operated Pleasants until the transfer.

(1)

On August 26, 2018, FirstEnergy, the FES Key Creditor Groups, the FES Debtors and the UCC entered into a FES Bankruptcy settlement agreement which included the transfer of the Pleasants Power Station and related assets to FES or its designee for the benefit of FES' creditors. Prior to the transfer, which was completed on January 30, 2020, and beginning January 1, 2019, FES acquired the economic interests in Pleasants and AE Supply operated Pleasants until the transfer.


(2)	Represents AE Supply's 3.01% and MP's 0.49% entitlement based on their participation in OVEC.


(3)	Represents AGC's 16.25% undivided interest in Bath County. The station is operated by VEPCO.


(4)	Represents JCP&L’s 50% ownership interest.

The above generating plants and load centers are connected by a transmission system with various voltage ratings ranging from 23 kV to 500 kV. FirstEnergy's overhead and underground transmission lines aggregate 24,486 circuit miles.

The Utilities’ electric distribution systems include 269,691 miles of overhead pole line and underground conduit carrying primary, secondary and street lighting circuits.

FirstEnergy owns substations with a total installed transformer capacity of 156,115,196 kV-amperes.

All of FirstEnergy's transmission, distribution and generation assets operate in PJM.

FirstEnergy’s distribution and transmission systems as of December 31, 2019, consist of the following:



	Distribution Lines(1)	Transmission Lines(1)	Substation Transformer Capacity(2)
			kV Amperes
OE	67,340	379	7,228,811
Penn	13,609	—	915,584
CEI	33,037	—	9,296,048
TE	19,039	73	2,941,606
JCP&L	23,680	2,598	21,375,598
ME	18,983	—	4,804,655
PN	27,670	—	6,828,636
ATSI(3)	—	7,889	37,985,722
WP	24,737	4,331	14,266,148
MP	22,322	2,612	13,314,783
PE	19,274	2,086	10,514,104
TrAIL	—	262	13,643,600
MAIT	—	4,256	12,999,901
Total	269,691	24,486	156,115,196


(1)	Circuit Miles


(2)	Top rating of in-service power transformers only. Excludes grounding banks, station power transformers, and generator and customer-owned transformers.


(3)	Represents transmission line assets of 69 kV and greater located in the service territories of the Ohio Companies and Penn.

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