FirstEnergy Corp. announced Wednesday that they may be selling its Freemont Energy Center that is located in Fremont, Ohio, to American Municipal Power Inc.

The company has entered a nonbinding memorandum where the parties will participate in exclusive negotiations with American Municipal Power Inc. and will make an agreement by March 11 whether or not they will buy the plant by July 1. The Fremont plant is currently under construction and will be finished and is scheduled to be completed this year.

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