05:04 PM EST, 12/19/2024 (MT Newswires) -- FirstEnergy ( FE ) said Thursday that its FirstEnergy Pennsylvania unit obtained approval from the Pennsylvania Public Utility Commission to implement the third phase of its long-term infrastructure improvement plans.

Under the plan, FirstEnergy Pennsylvania will invest an additional $1.42 billion over the next five years to decrease the frequency and shorten the duration of service interruptions, the company said.

The latest infrastructure improvement plans follow over $1 billion in investments during the first two phases from 2016 to 2024, FirstEnergy ( FE ) said.