Zacks Investment Research
18 Jun 2026, 16:46 UTC · 19w ago
FE's Growth Is Driven by Investments and Rise in Data Center Demand
Impact · against what's priced in
FirstEnergy (FE) receives a positive catalyst from a significant surge in data center demand and a resulting expansion of its long-term demand pipeline. The specific acceleration of load growth in West Virginia and the 15% pipeline expansion since February provide concrete growth drivers.
- FE+0.50
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- In context
Data center demand in West Virginia has surged 50% since February 2026 to nearly 1.8 GW, contributing to a total demand pipeline of 14.9 GW, which is more than double the February 2025 level.
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