# FirstEnergy Corporation Nuclear Decommissioning Trust

FirstEnergy Corporation Nuclear Decommissioning Trust is a Trust / Investment Trust based in Akron, United States.

## Overview

- **Organization type:** Trust / Investment Trust
- **Headquarters:** Akron, United States
- **Region:** North America
- **Address:** 76 South Main Street, Akron, OH, United States
- **Founded:** 1944
- **Assets under management:** 6940 (Altss estimate)
- **Website:** www.firstenergycorp.com
- **LinkedIn:** https://www.linkedin.com/company/firstenergy-corp

## Regulatory record

- **Reports private funds:** No

## About

The trust was established in 1944 to meet eventual decommissioning costs at FirstEnergy nuclear sites. It functions as a dedicated investment vehicle whose assets cannot be used for general corporate purposes. The portfolio allocates to public equities, US government and municipal bonds, and private equity and hedge fund commitments. Confirmed holdings include a 50.1 percent stake in FirstEnergy Transmission, LLC alongside Brookfield Infrastructure Partners. Geographic exposure centers on the Midwest and Mid-Atlantic service territory plus global alternatives accessed through external managers. BlackRock serves as investment advisor and State Street acts as custodian. The trust maintains membership in the Edison Electric Institute and Nuclear Energy Institute. November 2024 attendance at the EEI Financial Conference marked its most recent disclosed industry event. Assets are legally separated from FirstEnergy Corp operating subsidiaries, creating a governance structure that isolates decommissioning funds from utility cash-flow pressures.

## Sectors

- Energy & Utilities
- Power & Utilities

## Questions

### Who runs investment decisions at FirstEnergy Corporation Nuclear Decommissioning Trust?

No named investment committee or CIO is disclosed in available records. BlackRock serves as external investment advisor.

### Does FirstEnergy Corporation Nuclear Decommissioning Trust participate in fund commitments or only direct deals?

The trust maintains allocations to private equity and hedge funds as a limited partner and holds a direct 50.1 percent ownership stake in FirstEnergy Transmission, LLC.

### What asset classes does the trust hold?

Holdings include corporate common stocks, US Treasury and municipal bonds, private equity, hedge funds, and real property tied to utility operations.

### How is the trust related to FirstEnergy Corp?

It is a legally ring-fenced vehicle whose assets are restricted to decommissioning and environmental remediation of FirstEnergy nuclear facilities.

## Related profiles

- [Lotte Capital](https://altss.com/profile/lotte-capital)
- [Thermo Fisher Scientific](https://altss.com/profile/thermo-fisher-scientific)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/firstenergy-corporation-nuclear-decommissioning-trust

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