A pair of Lone Star State-based Am Law 100 firms are working on Great Plains Energy Inc.’s acquisition of Westar Energy Inc., the latest sign of consolidation in the utilities sector.
Kansas City, Missouri-based Great Plains announced Tuesday that it will buy Topeka, Kansas-based Westar in a $12.2 billion cash-and-stock deal that includes $3.6 billion in the target’s debt. The combination will create an investor-owned utility that will serve 1.5 million customers in Missouri and Kansas, while also controlling a massive Midwestern portfolio for wind generation.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
