The US Bankruptcy Court gave an order approving the sale of the certain assets of FirstEnergy Solutions, Corp. on January 25, 2019. The debtor has been authorized to sell its certain assets to Vermillion Power, L.L.C, the stalking horse bidder for a purchase price of $144 million in cash. The debtor did not receive any other competing bids for the purchase of its assets and therefore Vermillion Power, L.L.C emerged as the winning bidder. The debtor’s assets include the owned real property, entitled real property, West Lorain facility, tangible personal property, the transmission and interconnection facilities, the assumed contracts, all electric capacity rights and obligations, transferred permits, purchased intellectual property, purchased warranties, all related rights of the seller in and to any causes of action against a third party.