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Great Plains Energy

From Alfawiki
Great Plains Energy Incorporated
Company typeHolding company
IndustryElectric utility
FoundedOctober 1, 2001; 25 years ago (2001-10-01)
SuccessorEvergy
Headquarters
Kansas City
,
United States
ProductsElectric utility services, energy management

Great Plains Energy Incorporated functioned as a holding entity headquartered in Kansas City, Missouri, overseeing ownership of the electric utility Kansas City Power and Light Company along with Strategic Energy, LLC, a firm specializing in energy management.

The holding company was created by KCP&L on October 1, 2001.

In July 2008, Great Plains completed the acquisition of Aquila, Inc..

By 2014, the company achieved a position of #855 on the Fortune 1000 rankings.

Merger with Westar

Great Plains and Westar Energy revealed intentions to merge in 2016; however, the Kansas Corporation Commission declined the $12.2 billion transaction, citing concerns about its impact on Kansas consumers. A subsequent merger proposal was submitted in 2017 and received approval from regulatory authorities in both Missouri and Kansas by May 2018. The unified entity adopted the name Evergy.

On October 7, 2019, the two operational companies officially transitioned to the Evergy brand within their respective service territories.