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JCP&L

company 1 Deal 4 Partners

Jersey Central Power & Light (JCP&L) is an electric utility company serving over 1.1 million customers across 13 counties in central and northern New Jersey. A subsidiary of FirstEnergy Corp., JCP&L operates over 13,000 miles of power lines and more than 60 substations, focusing on electricity distribution and transmission.

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Founded 1925 Parent: FirstEnergy Corp.
Electric UtilityOperatorDeveloperOfftaker

Strategic Overview

  • Focuses on enhancing grid reliability and resilience through targeted infrastructure investments.
  • Committed to supporting the transition to electric vehicles by developing charging infrastructure in its service territory.
  • Engages in regulatory processes to secure approvals for capital expenditure programs aimed at modernizing its utility assets.

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Investment Focus

Technologies
Solar1
Geography
USA1

Key People

James V. Fakult
President, JCP&L

Track Record

99
Years Active
Notable projects: Reliability Plus Program, EV Driven Program

Detailed Analysis

Sectors
Utilities
Technologies
Electricity DistributionElectricity TransmissionSmart GridEV Charging
Geographies
United StatesNew Jersey
Deal Stage
OperatingBrownfield

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