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SPP said Wednesday it will schedule a special Board of Directors meeting to consider Evergy’s request to restudy a competitive project in southeastern Kansas that the utility said collides with its regional planning efforts. SPP originally identified the Butler-Altoona-Tioga project (below) in its transmission planning process, but has since recommended...

Evergy has pushed back against a media report that it recently rebuffed a $15 billion acquisition offer from NextEra Energy, issuing a statement Tuesday that "there is currently no offer or bid from any third party for a potential transaction." Reuters on Monday quoted anonymous sources in saying that Evergy,...

By Tom Kleckner FERC last week denied Kansas Electric Power Cooperative’s complaint that Westar Energy had twice violated its generation formula rate (GFR) in assessing its own rates and federal income tax reduction (EL19-17). In its Federal Power Act Section 206 complaint, KEPCo alleged that Westar failed to reflect the...

By Rich Heidorn Jr. Kansas and Missouri regulators on Thursday approved Great Plains Energy’s merger with Westar Energy, the final hurdles in a stock-for-stock merger of equals with an equity value of about $15 billion. Shareholders of Kansas-based Westar will own 52.5% of the combined company, with Missouri-based GPE, the...

FERC last week approved an uncontested settlement between SPP and several of its members to add an annual revenue requirement and implement a formula rate template and protocols for a new member (ER17-428). The settlement resulted from SPP’s 2016 filing that amended its Tariff governing transmission facilities owned by Vermillion...

By Amanda Durish Cook Great Plains Energy has pulled back from its attempted acquisition of Westar Energy, recasting the move as a “merger of equals” after the two companies last week asked Kansas regulators for permission to merge under a tax-free share exchange. The Kansas Corporation Commission blocked an earlier...

By Rich Heidorn Jr. and Amanda Durish Cook Shares of Westar Energy fell 8% Thursday after Kansas regulators rejected as too risky and too expensive the company’s planned sale to Great Plains Energy. The Kansas Corporation Commission voted 3-0 to reject the $12.2 billion deal, announcing it at the end of...