WESTAR ENERGY, INC. (NYSE:WR) Files An 8-K Other EventsItem 8.01. Other Events.
As previously disclosed, on July 9, 2017, Westar Energy, Inc. (“Westar Energy”), Great Plains Energy Incorporated (“Great Plains Energy”) and certain other parties entered into an Amended and Restated Agreement and Plan of Merger (“Merger Agreement”). On August 31, 2017, Westar Energy and Great Plains Energy filed a joint application with the Missouri Public Service Commission (“MPSC”) requesting approval of the transactions contemplated by the Merger Agreement.
On January 12, 2018, Westar Energy, Great Plains Energy, the MPSC staff and certain intervenors entered into a stipulation and agreement (the “Stipulation and Agreement”) to settle certain issues related to the joint application. The Stipulation and Agreement is subject to review and approval by the MPSC.
The Stipulation and Agreement can be accessed on the MPSC’s website. To access the agreement, visit https://psc.mo.gov/, click on “Access EFIS” on the right side of the page under “How do I…,” click on the hyperlink phrase “Docket Sheet” in the bullet point under the heading “View Information On A Specific Case,” enter docket EM-2018-0012 in the search field and press enter, and click on the Stipulation and Agreement filed as document 48. The information contained on the MPSC’s website is not part of, or incorporated by reference into, this filing.
About WESTAR ENERGY, INC. (NYSE:WR)
Westar Energy, Inc. (Westar Energy) is an electric utility in Kansas. The Company provides electric generation, transmission and distribution services to approximately 700,000 customers in Kansas. The Company provides these services in central and northeastern Kansas, including the cities of Topeka, Lawrence, Manhattan, Salina and Hutchinson. Kansas Gas and Electric Company (KGE), Westar Energy’s subsidiary, provides the services in south-central and southeastern Kansas, including the city of Wichita. Both Westar Energy and KGE conduct business using the name Westar Energy. It supplies electric energy at retail to customers in Kansas. It also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas, and has contracts for the sale or purchase of wholesale electricity with other utilities. The Company classifies it customers as residential, commercial and industrial. It has approximately 6,270 megawatts (MW) of generating capacity in service.
