Kansas City Power and Light Company

Evergy Announces 2019 Second Quarter Results; Reaffirms 2019 Earnings Guidance

Retrieved on: 
Wednesday, August 7, 2019
Utilities, Energy, Evergy, Kansas City Power and Light Company, Deferral, Westar, Economy of the United States, Companies

Reflects voluntary severance costs incurred associated with certain severance programs at the Evergy Companies and are included in operating and maintenance expense on the consolidated statements of comprehensive income.

Key Points: 
  • Reflects voluntary severance costs incurred associated with certain severance programs at the Evergy Companies and are included in operating and maintenance expense on the consolidated statements of comprehensive income.
  • The remaining merger transition costs included within the $47.8 million deferral were both incurred and deferred in 2018 and did not impact earnings.
  • Evergy, Inc. (NYSE: EVRG), through its operating subsidiaries KCP&L and Westar Energy, provides clean, safe and reliable energy to 1.6 million customers in Kansas and Missouri.
  • Evergy, KCP&L and Westar Energy undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Niagara Bottling, LLC Selects the Kansas City Region for New 420,000-SF Facility

Retrieved on: 
Wednesday, July 17, 2019
Kansas City SmartPort, Kansas City, Missouri, Geography of Missouri, Niagara Bottling, Kansas City metropolitan area, Kansas City Power and Light Company, Metropolitan areas of the United States, Geography of the United States

KANSAS CITY, Mo., July 17, 2019 /PRNewswire/ -- Niagara Bottling, LLC ,a family-owned manufacturer headquartered in Ontario, Canada, announced today it will open a new production facility in Kansas City, Mo.

Key Points: 
  • KANSAS CITY, Mo., July 17, 2019 /PRNewswire/ -- Niagara Bottling, LLC ,a family-owned manufacturer headquartered in Ontario, Canada, announced today it will open a new production facility in Kansas City, Mo.
  • "We are extremely excited about selecting Kansas City, Mo., as the location for Niagara Bottling, LLC's newest plant in the Midwest," said Niagara Bottling's Executive Vice President Brian Hess.
  • "In a city of more than 150,000 manufacturing and logistics employees, Kansas City is the perfect hub for Niagara Bottling, LLC," said Tim Cowden, president and CEO, Kansas City Area Development Council (KCADC).
  • KCADC worked with a number of regional partners in attracting Niagara Bottling, LLC to the region, including the State of Missouri, Missouri Partnership, the City of Kansas City, Mo., the Economic Development Corporation of Kansas City, Mo., Newmark Grubb Zimmer, KCP&L, Spire and KC SmartPort.

Evergy Announces 2019 First Quarter Results

Retrieved on: 
Wednesday, May 8, 2019
Energy, Alternative energy, Utilities, Evergy, Westar, Kansas City Power and Light Company, Economy of the United States, Companies

The unaudited pro forma financial information has been presented for illustrative purposes only and is not necessarily indicative of the consolidated results of operations that would have been achieved or the future consolidated results of operations of Evergy.

Key Points: 
  • The unaudited pro forma financial information has been presented for illustrative purposes only and is not necessarily indicative of the consolidated results of operations that would have been achieved or the future consolidated results of operations of Evergy.
  • Reflects voluntary severance costs incurred associated with various severance programs at the Evergy Companies and are included in operating and maintenance expense on the consolidated statements of comprehensive income.
  • Evergy, Inc. (NYSE: EVRG), through its operating subsidiaries KCP&L and Westar Energy, provides clean, safe and reliable energy to 1.6 million customers in Kansas and Missouri.
  • The 2018 combination of KCP&L and Westar Energy to form Evergy created a leading energy company that provides value to shareholders and a stronger company for customers.

Evergy to Webcast 2019 Annual Shareholder Meeting

Retrieved on: 
Tuesday, April 23, 2019
Energy, Utilities, Other Energy, Companies, Economy of the United States, Evergy, Kansas City Power and Light Company, General Electric

Evergy, Inc. (NYSE: EVRG), through its operating subsidiaries, Kansas City Power & Light Company (KCP&L) and Westar Energy, Inc, provides clean, safe and reliable energy to 1.6 million customers in Kansas and Missouri.

Key Points: 
  • Evergy, Inc. (NYSE: EVRG), through its operating subsidiaries, Kansas City Power & Light Company (KCP&L) and Westar Energy, Inc, provides clean, safe and reliable energy to 1.6 million customers in Kansas and Missouri.
  • The 2018 combination of KCP&L and Westar Energy to form Evergy created a leading energy company that provides value to shareholders and a stronger company for customers.
  • Today, half the power supplied to homes and businesses by Evergy comes from emission-free sources, creating more reliable energy with less impact to the environment.
  • We will continue to innovate and adopt new technologies that give our customers better ways to manage their energy use.

Kansas City Power & Light Secures Debt

Retrieved on: 
Thursday, March 14, 2019
Energy, Utilities, Evergy, CUSIP, Kansas City Power and Light Company, KCP, Economy

Kansas City Power & Light Company (KCP&L), a wholly-owned subsidiary of Evergy, Inc. (NYSE: EVRG), today announced that it has secured all of its outstanding unsecured notes with the lien of KCP&Ls general mortgage indenture.

Key Points: 
  • Kansas City Power & Light Company (KCP&L), a wholly-owned subsidiary of Evergy, Inc. (NYSE: EVRG), today announced that it has secured all of its outstanding unsecured notes with the lien of KCP&Ls general mortgage indenture.
  • As a result, all of KCP&Ls previously unsecured notes will rank equally and ratably with all of KCP&Ls general mortgage bonds.
  • Set forth below are KCP&Ls unsecured notes that are now secured:
    3.15% Notes due 2023 (CUSIP: 485134 BN9)
    3.65% Notes due 2025 (CUSIP: 485134 BP4)
    6.05% Senior Notes due 2035 (CUSIP: 485134 BH2)
    5.30% Notes due 2041 (CUSIP: 485134 BM1)
    4.20% Notes due 2047 (CUSIP: 485134 BQ2)
    4.20% Notes due 2048 (CUSIP: 485134 BR0)
    Serving approximately 1.6 million customers in Kansas and Missouri, Kansas City Power & Light Company (KCP&L), KCP&L Greater Missouri Operations Company and Westar Energy are the electric utilities of Evergy, Inc. (NYSE: EVRG).
  • Together we generate nearly half the power we provide to homes and businesses with emission-free sources.

Evergy Announces 2018 Results and Declares Quarterly Dividend

Retrieved on: 
Thursday, February 21, 2019
Energy, Utilities, Other Energy, Evergy, Kansas City Power and Light Company, Westar, Economy of the United States, Companies, Great Plains Energy

In June 2018, Westar Energy, Inc. (Westar Energy) and Great Plains Energy, the parent company of Kansas City Power & Light (KCP&L) and KCP&L Greater Missouri Operations (GMO), completed their merger to create Evergy.

Key Points: 
  • In June 2018, Westar Energy, Inc. (Westar Energy) and Great Plains Energy, the parent company of Kansas City Power & Light (KCP&L) and KCP&L Greater Missouri Operations (GMO), completed their merger to create Evergy.
  • Evergys 2018 fourth quarter earnings include Westar Energy, KCP&L and GMO earnings for the entire quarter.
  • 2018 was a successful year by all accounts, said Terry Bassham, Evergy president and chief executive officer.
  • Our teams dedication and hard work is reflected in our 2018 financial and operational results.

Landis+Gyr Announces Project Updates with Evergy Subsidiaries

Retrieved on: 
Thursday, December 6, 2018
Evergy, Landis+Gyr, Energy, Kansas City Power and Light Company, Economy of the United States, Electric power

Meanwhile, KCP&L is continuing work that supports an expansion of their managed services contract with Landis+Gyr, signed earlier this year.

Key Points: 
  • Meanwhile, KCP&L is continuing work that supports an expansion of their managed services contract with Landis+Gyr, signed earlier this year.
  • Landis+Gyr is providing both the network and related software as services to the Evergy utilities, including dedicated onsite personnel.
  • "The value of advanced metering data has proven itself for improving reliability and efficiency for both utilities," said Jeff Beasley, Vice President of Customer Operations at Evergy.
  • Evergy, Inc., through its operating subsidiaries, Kansas City Power & Light Company (KCP&L) and Westar Energy, Inc, provides clean, safe and reliable energy to 1.6 million customers in Kansas and Missouri.