FirstEnergy Corp. (FirstEnergy) is engaged in the holding, directly or indirectly, of its subsidiaries: Ohio Edison Company (OE), The Cleveland Electric Illuminating Company (CEI), The Toledo Edison Company (TE), Pennsylvania Power Company (Penn) (a wholly owned subsidiary of OE), American Transmission Systems, Incorporated (ATSI), Jersey Central Power & Light Company (JCP&L), Metropolitan Edison Company (Met-Ed), Pennsylvania Electric Company (Penelec). FirstEnergy operates in three segments: Regulated Distribution, Regulated Independent Transmission and Competitive Energy Services. On February 25, 2011, AE merged with a subsidiary of FirstEnergy and becoming a wholly owned subsidiary of FirstEnergy. On July 28, 2011, FirstEnergy completed the sale of the Fremont Energy Center. On October 18, 2011, FirstEnergy sold its Richland (432 mega-watts) and Stryker (18 mega-watts) Peaking Facilities. On October 18, 2011, Gunvor Group, Ltd. purchased a 33% in Global Holding, a joint venture.