Company:Great Plains Energy

From HandWiki
Great Plains Energy Incorporated
TypePublic
NYSE: GXP
IndustryElectric utility
FateMerged with Westar Energy
Founded1882
FounderEdwin Ruthven Weeks, Joseph S. Chick, L.R. Moore, William Holmes
Headquarters
Kansas City, Missouri
,
United States
Key people
Terry Bassham (President and CEO/Chairman)
RevenueIncrease United States dollar 2.568 billion (2014)[1]
Decrease United States dollar 534.5 Million (2014) [1]
Decrease United States dollar 242.8 Million (2014)
Number of employees
2,935 (2014) [1]
SubsidiariesKansas City Power & Light,(KLT Inc.)
Innovative Energy Consultants Inc. (IEC)
Great Plains Energy Services Incorporated
Websitewww.evergyinc.com

Great Plains Energy Incorporated was a holding company based in Kansas City, Missouri that owned electric utility Kansas City Power and Light Company and Strategic Energy, LLC, an energy management company.

KCP&L established the holding company on October 1, 2001.[citation needed]

It acquired Aquila, Inc. in July, 2008.[2]

In 2014, it ranked #855 on the Fortune 1000 list.[3]

Merger with Westar

In 2016, Great Plains and Westar Energy announced merger plans,[4] but this proposed merger was rejected by Kansas Corporation Commission utility regulators as unfavorable to Kansas consumers.[5] A new merger plan with Westar was announced in 2017.[6] As of May 24, 2018, this merger has been approved by both the Missouri Public Service Commission and Kansas regulators, with the combined company to be named Evergy.[7]

On October 7, 2019 the two operating companies officially changed names and rebranded to Evergy in the communities they serve.

References

External links