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Westar Energy Plans Merger with KC-Based Energy Company

KSAL Staff - November 22, 2017 6:20 am

Two of the region’s largest utilities are one step closer to combining forces.

Shareholders of Kansas City-based Great Plains Energy and Topeka-based Westar Energy have voted in favor of merging the two companies under a new corporation called Monarch Energy Holding. Officials announced yesterday shareholders for each company voted more than 90-percent in favor of the plan.

The merger requires final approval from the Missouri Public Service Commission, Kansas Corporation Commission and five federal agencies.

 

 


Source: MetroSource News

Doug Clemens

November 24, 2017 at 11:58 pm

Through this was voted down a while back. Evidently payoffs now have been made to get it passed.

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City of Salina