About the Company
Headquartered in Kansas City, Missouri, Evergy is an investor-owned utility company that trades its stocks publicly. It also has another headquarter located in Topeka, Kansas and a workforce of over 4,600 employees serving across the two states as of 2020. It supplies safe, clean and reliable energy to about 1.6 million consumers in these two states. It has an electricity generation capacity of 16,000-megawatt from more than 40 power plants. The company owns about 52,000 miles of distribution line and over 13,700 miles of a transmission line across eastern Kansas and Missouri that serves a territory of 28,130 square miles.
Evergy Inc. operates through its subsidiaries based in different areas of Kansas and Missouri. It has around 20 subsidiaries as of 2020 like - La Cygne Generating Station, Central Plains Wind Farm, Murray Gill Energy Centre, Flat Ridge Wind Energy, Hawthorn Generating Station, Western Plains Wind Farm, Gordon Evans Energy Centre, Meridian Way Wind Farm, Spring Creek Energy Centre, etc.
On 5th July 2018, it got indexed in the S&P 500 list, and trades in the New York Stock Exchange under the trading symbol EVRG. All the details that are crucial for investment such as EVRG stock prices have been updated on this page regularly to help you make the right decision regarding the investment.
Evergy came into being after Westar Energy, Inc. and Great Plains Energy merged on 4th June 2018. However, its history traces back to 1881 when Joseph S. Chick obtained exclusive rights to use the Thompson-Houston arc lighting system. He then built Kawsmouth Electric Light Company in 1882 which was renamed to Kansas City Electric Light Company in 1885. By the end of 1917, it emerged from bankruptcy and renamed itself yet again to Kansas City Light & Power Company. Two years from that, it reincorporated itself as Kansas City and Light Company and began its era of acquisitions like Carroll County Electric Company in 1922 and Eastern Kansas Utilities in 1952. In 2001, Great Plains Energy Incorporated was formed in Kansas City, Missouri under which Strategic Energy, LLC and Kansas City Power and Light Company operated.
The other parent company of Evergy was established through the merger of Kansas Power and Light and Kansas Gas and Electric in 1992 and was named Western Resources. It became one of the largest utilities in the Midwest serving more than 1.06 million and 560,000 customers for natural gas and electricity respectively. In 2002, it renamed itself to Westar Energy, and after 16 years from that, the two parent companies merged and adopted Evergy as their brand named across all operations.;
Organisation | Evergy Inc |
Industry | Utilities—Regulated Electric |
HeadQuarters | Kansas City, MO |