The colossal sentence appears as part of FirstEnergy's "forward looking statements" down at the bottom of this press release. We talked about PATH-parent forward looking statements not too long ago here.
So, what's changed in their forward looking statements regarding how they describe PATH's risks?
"... the status of the Potomac-Appalachian Transmission Highline (PATH) project in light of PJM Interconnection, LLC’s efforts to determine whether the need for PATH should be re-evaluated and the related suspension of work on the project, PATH’s rate of recovery at FERC," blah, blah, blah,
"the uncertainty of the timing and amounts of the capital expenditures needed to complete, among other things, the PATH project as a result of its current suspension status," blah, blah, blah,
They finally acknowledge that their FERC ROE is in serious jeopardy. Isn't that nice?
The 711 word sentence, brought to you by the wordsmiths at FirstEnergy. I can't wait to see their brainless transmission line siting strategy power points! We're sure to be in for a rare treat!