Brookfield Infrastructure Partners completed the acquisition of a 19.9% stake in FirstEnergy Transmission, an energy transmission business of FirstEnergy, a utility company, for $2.4bn. "With the completion of these transformative investments, FirstEnergy is well-positioned to continue delivering financial and operational excellence, drive our long-term strategies to support smart grid and clean energy initiatives, and transform our company into a more innovative, resilient and industry-leading organization," Steven E. Strah, FirstEnergy President and CEO.