Great Plains Energy Incorporated | |
Foundation: | 1882 |
Fate: | Merged with Westar Energy |
Founder: | Edwin Ruthven Weeks, Joseph S. Chick, L.R. Moore, William Holmes |
Location Country: | United States |
Key People: | Terry Bassham (President and CEO/Chairman) |
Industry: | Electric utility |
Revenue: | US$2.568 billion (2014)[1] |
Operating Income: | US$534.5 Million (2014) |
Net Income: | US$242.8 Million (2014) |
Num Employees: | 2,935 (2014) |
Subsid: | Kansas City Power & Light,(KLT Inc.) Innovative Energy Consultants Inc. (IEC) Great Plains Energy Services Incorporated |
Homepage: | www.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.
Great Plains acquired Aquila, Inc. in July, 2008.[2]
In 2014, it ranked #855 on the Fortune 1000 list.[3]
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.