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• 5/25/2018 - Great Plains Energy &... (subscriber access)
• 11/22/2017 - Great Plains Reports Shareholder Approval of Merger with Westar
• 7/13/2017 - Great Plains Energy... (subscriber access)
• 7/10/2017 - Great Plains Energy & Westar Energy Agree to No-Premium Merger of Equals
• 5/4/2017 - Great Plains & Westar... (subscriber access)
• 3/7/2017 - Great Plains Energy... (subscriber access)
• 3/6/2017 - Great Plains Energy Commencing Senior Note Offering to Fund Westar Acquisition
• 9/28/2016 - Great Plains Energy... (subscriber access)
• 9/26/2016 - Great Plains Energy &... (subscriber access)
• 5/31/2016 - Great Plains Energy... (subscriber access)
• 1/8/2016 - EDF Renewable Energy... (subscriber access)

Press Releases

6/1/2017 - Transource Energy Announces New PA/MD Electric Transmission Project To Increase Consumer Access To More Affordable Power
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Transource Energy Announces New PA/MD Electric Transmission Project To Increase Consumer Access To More Affordable Power
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
COLUMBUS, Ohio, June 1, 2017 /PRNewswire/ -- Transource Energy, a partnership between American Electric Power (NYSE: AEP) and Great Plains Energy (NYSE: GXP), today announced plans to develop the Independence Energy Connection (IEC), a new overhead electric transmission project in Pennsylvania and Maryland, to increase consumer access to more affordable power in the region.
PJM Interconnection, the regional transmission organization responsible for managing the high-voltage electricity grid for 13 states, including Maryland and Pennsylvania, identified concerns with the delivery of electricity to the region and reviewed solutions proposed by competitive transmission companies. PJM selected Transource's solution to address the market-efficiency issues and awarded construction of the project to the company in August 2016.
Totaling $320 million, the project will connect to two existing 500-kilovolt (kV) transmission lines in Pennsylvania and provide two new additional pathways for electricity to alleviate electric gridlock. PJM estimates that the project will save the region's customers $600 million in electric costs over the next 15 years.
The project's electric system upgrades include approximately 40 miles of new 230 kV overhead transmission lines, two new substations and additional upgrades to integrate the facilities into the grid.
• The East segment of the project includes approximately 15 miles of new overhead electric transmission line that will connect a new substation to be constructed in southern York County, Pa., to the existing Conastone Substation, near Norrisville, in Harford County, Md.
• The West segment includes approximately 25 miles of new overhead electric transmission line that will connect a new substation to be constructed in Franklin County, Pa., to the existing Ringgold Substation, near Smithsburg, in Washington County, Md.
Transource is hosting public open houses to solicit feedback on preliminary study segments. The open houses will be set up as a workshop so attendees can talk with Transource team members, learn about the project, review maps and provide input. There is no formal presentation, so attendees are welcome to come at any point throughout the evening.
"Gathering input from people in the project area is important as we build facilities," said Todd Burns, Transource director. "These open house events provide the opportunity for us to meet with residents, talk about the project, gather feedback and be available in person to answer their questions."
The open houses are scheduled for:
• Wednesday, June 7 from 6-9 p.m., North Harford High School, Pylesville, Md.
• Thursday, June 8 from 6-9 p.m., Chanceford Community Center, Brogue, Pa.
• Monday, June 12 from 6-9 p.m., Smithsburg High School, Smithsburg, Md.
• Tuesday, June 13 from 6-9 p.m., Eugene C. Clarke Jr. Community Center, Chambersburg, Pa.
• Wednesday, June 14 from 6-9 p.m., Waynesboro Area Senior High School, Waynesboro, Pa.
• Thursday, June 15 from 6-9 p.m., Kauffman Ruritan Club and Community Center, Chambersburg, Pa.
Based on the input from the initial open house events, Transource will narrow the list of potential study segments and host a second set of open house events before identifying proposed routes for the new transmission lines. The company plans to file applications to construct the project with state regulators by the end of the year.
IEC is expected to be completed in mid-2020. Additional information can be found on the project website at www.TransourceEnergy.com/Projects/Independence.
About Transource®
Transource® is a partnership between American Electric Power (AEP) and Great Plains Energy (GPE) focused on the development of, and investment in, competitive electric transmission projects across the United States. In all, AEP and GPE own and operate nearly 45,000 miles of transmission lines and have more than 100 years of expertise in the planning, design, engineering, construction and operation of transmission systems. AEP owns 86.5 percent of Transource. GPE owns 13.5. Transource is a member of three regional transmission organizations — PJM Interconnection, the Midwest Independent System Operator (MISO) and the Southwest Power Pool (SPP) — which together serve all or part of 28 U.S. states, the District of Columbia and the province of Manitoba in Canada. Headquartered in Columbus, Ohio, Transource also has offices in Kansas City, Missouri; Tulsa, Oklahoma; and Dallas, Texas.
SOURCE Transource Energy

Article Date
6/1/2017
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12/16/2016 - Transource Transmission Project Energized In Missouri
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Transource Transmission Project Energized In Missouri
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
COLUMBUS, Ohio, Dec. 16, 2016 /PRNewswire/ -- A new transmission project built in Missouri by Transource Missouri LLC now is enhancing reliability and reducing transmission congestion in the state and region. The 180-mile Midwest Transmission Project was energized Dec. 15.
Transource Missouri LLC is a subsidiary of Transource Energy (Transource), a competitive electric transmission joint venture formed in 2012 by American Electric Power (NYSE: AEP) and Great Plains Energy Incorporated (NYSE: GXP).
The 345-kilovolt (kV) Midwest Transmission Project connects Kansas City Power & Light Company's (KCP&L) Sibley Substation located near Sibley, Mo., with a new transmission substation (Mullin Creek Substation) located south of Maryville, Mo. It then extends to Omaha Public Power District's (OPPD) Substation 3458 located near Nebraska City, Neb. Transource Missouri built and owns approximately 135 miles of the project in Missouri and the new Mullin Creek Substation. Transource Missouri's portion of the project cost was approximately $250 million.
OPPD built and owns approximately 45 miles of the project in Nebraska.
"This project clearly demonstrates that the combined transmission experience and expertise of AEP and Great Plains Energy allows Transource to develop transmission solutions that successfully balance system requirements, project constructability and costs. This project was a Priority Project in the Southwest Power Pool region and will reduce grid congestion, increase system reliability, provide additional grid capability for future needs and enable large-scale renewable energy development in the region," said Antonio Smyth, president, Transource Energy.
Transource Missouri built an additional, separate 31-mile, 345-kV transmission project to enhance reliability and relieve grid congestion in northwest Missouri from KCP&L's Iatan substation to the Nashua substation near Smithville. That project was energized in April 2015.
"Transource Energy has been active in other markets, and was recently awarded two competitive transmission projects in the PJM Interconnection – a $72 million transmission upgrade project in West Virginia and a $225 million market efficiency transmission project to address congestion across the Pennsylvania and Maryland border. We continue to pursue competitive transmission opportunities in PJM, the Southwest Power Pool, Midwest ISO and other markets in order to deliver effective transmission solutions that benefit customers," Smyth said.   
AEP owns 86.5 percent of Transource and Great Plains Energy owns 13.5 percent. Transource has offices in Columbus, Ohio and Kansas City, Mo. The members combine more than 100-years of expertise in the planning, design, engineering, construction, and operation of transmission systems.
Headquartered in Kansas City, Mo., Great Plains Energy Incorporated is the holding company of Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company two of the leading regulated providers of electricity in the Midwest. KCP&L and KCP&L Greater Missouri Operations Company use KCP&L as a brand name.
American Electric Power is one of the largest electric utilities in the United States, delivering electricity and custom energy solutions to nearly 5.4 million customers in 11 states. AEP owns the nation's largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP also operates 224,000 miles of distribution lines. AEP ranks among the nation's largest generators of electricity, owning approximately 31,000 megawatts of generating capacity in the U.S. AEP also supplies 3,200 megawatts of renewable energy to customers. AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP's headquarters are in Columbus, Ohio.
Information about Transource can be found at www.transourceenergy.com.
SOURCE American Electric Power; Transource Energy

Article Date
12/16/2016
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9/7/2016 - Kansas City Area Development Council Announces Regional Support for Great Plains Energy's Acquisition of Westar Energy
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Kansas City Area Development Council Announces Regional Support for Great Plains Energy's Acquisition of Westar Energy
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
KANSAS CITY, Mo., Sept. 7, 2016 /PRNewswire-USNewswire/ -- The Kansas City Area Development Council (KCADC) announced it is leading robust regional support for Great Plains Energy Incorporated (NYSE: GXP), the parent company of KCP&L, in its acquisition of neighboring Westar Energy, Inc. (NYSE: WR). The $12.2 billion deal will add capacity and cost savings for residents and businesses in the 18-county, two state Kansas City region.
"Strong, locally-owned utilities are a cornerstone of healthy regional economies," said Tim Cowden, President and CEO, KCADC, the umbrella economic development organization for the Kansas City region. "The combination of KCP&L and Westar Energy will ensure good jobs stay here and will allow us to maintain our competitive electric rates, one of our region's distinct advantages and one of the most important considerations for site selection consultants and companies looking to relocate to our area."
Once the transaction is complete, the new utility will have more than 1.5 million customers in Kansas and Missouri, nearly 13,000 megawatts of generation capacity, almost 10,000 miles of transmission lines and more than 51,000 miles of distribution lines. In addition, more than 45 percent of the combined utility's retail customer demand can be met with emission-free energy.
"Bringing together the senior leadership of KCP&L and Westar Energy ensures that they will remain engaged in Kansas and Missouri," said Cowden. "Local leadership living, working and contributing in our community ensures our economic development efforts will continue to have their full attention. Their involvement and support of our efforts is critical to the future economic health of our region."
The transaction is on track and expected to close in the second quarter of 2017. The downtown Kansas City, Missouri, and downtown Topeka, Kansas, headquarters will remain after closing.
"We are extremely fortunate that Westar Energy found a neighboring buyer that understands and appreciates firsthand the regional needs of individual and corporate customers, especially with regard to business retention and attraction efforts in the heartland," said Matt Pivarnik, president and CEO, GO Topeka. "Both of these outstanding companies share a reputation for doing the right thing and going above and beyond with regard to their commitment to employees, safety, quality, the environment and corporate philanthropy."
KCP&L and Westar each have been serving customers in Kansas and Missouri for more than 100 years and currently jointly own and operate the Wolf Creek Nuclear Generating Station, as well as the La Cygne and Jeffrey power plants. With the addition of Westar's generation fleet, Great Plains Energy will have a more diverse and sustainable generation portfolio.
In addition, among investor-owned utilities in the United States, the combined company will have one of the largest portfolios of wind generation in the country. KCP&L and Westar each have made significant commitments to harvesting the general wind Kansas provides. KCP&L was the first utility in the country to own and operate a commercial-scale wind farm in the state of Kansas at its 148.5 megawatt Spearville Wind Generation Facility. Westar Energy's multiple wind farms will provide 32% of the utility's retail electricity by the end of 2016.
"A robust portfolio of renewable energy is increasingly important to companies when they are looking to locate facilities," said Cowden.
Great Plains Energy has an established track record of successful integration with adjacent electric utilities. In 2008, Great Plains Energy completed its acquisition of Aquila, an electric utility serving customers in adjacent areas of Missouri. That successful acquisition has delivered – and continues to deliver – significant savings for customers, which have exceeded initial expectations.
Several regional economic development agencies have joined KCADC in their support of KCP&L's acquisition of Westar Energy and in recognition of the enormous economic development benefits that this transaction will have for the region. Those organizations include:
Missouri
• City of Belton
• Cass County Corporation for Economic Development
• Clinton Chamber of Commerce
• De Soto Economic Development Council
• Economic Development Corporation of Kansas City
• Grain Valley Chamber of Commerce
• Independence Council for Economic Development
• Lee's Summit Economic Development Council
• Northland Regional Chamber of Commerce
• City of Raytown
• Platte County Economic Development Council
• St. Clair County Economic Development
• St. Joseph Economic Development Partnership
• Economic Development Sedalia-Pettis County Economic Development
Kansas
• Abilene Area Chamber of Commerce
• Butler County Community Development
• Regional Development Association of East Central Kansas (Emporia)
• El Dorado Chamber of Commerce
• Emporia Chamber of Commerce
• City of Fort Scott Economic Development
• Harvey County Economic Development Council
• Junction City Area Chamber of Commerce
• Leavenworth County Development Corporation
• City of Parsons Economic Development
• Pittsburg Area Chamber of Commerce
• GO Topeka
• Wyandotte Economic Development Council
About Greater Kansas City
Home to 2.5 million people, the Kansas City region offers the benefits of more than 50 unique communities and 18 counties in Kansas and Missouri. The area ranks as the number one rail center in the U.S., the country's third largest trucking center and one of the largest Foreign Trade Zones in the U.S. The Kansas City region is recognized as "America's Creative Crossroads" as a center for technology and artistry. 
About KCADC
The Kansas City Area Development Council serves the 18-county, two-state Kansas City area by marketing the region's business and lifestyle assets to companies around the world. Working closely with its 50+ state, county and community partners and its more than 250 corporate partners across the region, KCADC has attracted companies pledging to create more than 60,000 new jobs over its 40-year history. Visit thinkkc.com for more information.
 
SOURCE Kansas City Area Development Council

Article Date
9/7/2016
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5/31/2016 - WESTAR ENERGY (WR) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Westar Energy, Inc.; Are Shareholders Getting a Fair Price?
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WESTAR ENERGY (WR) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Westar Energy, Inc.; Are Shareholders Getting a Fair Price?
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
SAN DIEGO, May 31, 2016 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Westar Energy, Inc. (NYSE: WR) breached their fiduciary duties in connection with the proposed sale of the Company to Great Plains Energy Incorporated (NYSE: GXP).
Additional Information:
Westar is an electric utility company that generates, transmits and distributes electricity in Kansas.
On May 31, 2016, Westar announced it had signed a definitive merger agreement with Great Plains Energy. Under the terms of the agreement Westar shareholders will receive $60.00 per share of total consideration for each share of Westar common stock, consisting of $51.00 in cash and $9.00 in Great Plains Energy common stock, subject to a 7.5% collar based upon the Great Plains Energy common stock price at the time of the transaction closing.
The investigation concerns whether the Westar board failed to satisfy their duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Westar shares of common stock. Nationally recognized Johnson & Weaver is investigating whether the proposed deal price represents adequate consideration.
If you are a shareholder of Westar and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
Logo - http://photos.prnewswire.com/prnh/20160211/332409LOGO
 
SOURCE Johnson & Weaver, LLP

Article Date
5/31/2016
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5/31/2016 - WESTAR ENERGY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Westar Energy, Inc.
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WESTAR ENERGY INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Westar Energy, Inc.
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
NEW ORLEANS, May 31, 2016 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Westar Energy, Inc. ("Westar" or the "Company") (NYSE: WR) to Great Plains Energy Incorporated (NYSE: GXP). Under the terms of the proposed transaction, shareholders of Westar will receive only $51.00 in cash and $9.00 in Great Plains Energy stock for each share of Westar that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
 
 
 
SOURCE Kahn Swick & Foti, LLC

Article Date
5/31/2016
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5/9/2016 - Energy Companies Launch Critical Transmission Equipment Sparing Company
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Energy Companies Launch Critical Transmission Equipment Sparing Company
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
COLUMBUS, Ohio, May 9, 2016 /PRNewswire/ -- Six energy companies Friday officially launched Grid Assurance™, an independent company providing transmission sparing solutions for critical electric transmission equipment.
Michael Deggendorf, senior vice president, Kansas City Power & Light (KCP&L), was named Grid Assurance™ CEO and will oversee the formation and operations of the company.  At KCP&L, Deggendorf has led FERC-regulated transmission business efforts, Transource and the development of Grid Assurance™.
Grid Assurance™ was founded by affiliates of American Electric Power (NYSE:AEP), Berkshire Hathaway Energy, Duke Energy (NYSE:DUK), Edison International (NYSE:EIX), Eversource Energy (NYSE:ES) and Great Plains Energy (NYSE:GXP) to enhance grid resiliency and give electric transmission owners faster access to long-lead time critical equipment necessary to recover from catastrophic events that could impact the nation's electric grid.
Several energy companies signed a memorandum of understanding to pursue development of Grid Assurance™ in June 2015. The companies sought and secured regulatory assurances from the Federal Energy Regulatory Commission for the structure and other components of Grid Assurance™ before officially launching the company.
"Grid Assurance™ is an industry-led, proactive response to the numerous potential risks facing our nation's transmission system including severe weather and catastrophic events like earthquakes or physical and cyberattacks," Deggendorf said. "By maintaining a readily available supply of critical equipment necessary to restore power delivery if the transmission system is severely damaged, Grid Assurance™ will help protect consumers and communities from the devastating impacts that delays in restoring electricity can have on quality of life and the nation's economy."
Deggendorf will bring on key management team members in the coming weeks. Marketing to and accepting subscribers will begin immediately, followed by ordering critical transmission sparing equipment based on secured subscriptions. A headquarters location for Grid Assurance™ will be determined in the coming months.
Restoring critical elements of the transmission system can be delayed by extended lead times required to design, build and deliver some replacement equipment including large transformers, circuit breakers and other specialized components of the system. Some transformers can take up to 18 to 24 months to build and deliver.
Grid Assurance™ will provide a readily available inventory of equipment at secure, strategically located warehouses in the United States and also will offer logistics support to facilitate expedited delivery of that equipment to affected sites following a qualifying event. Subscription to inventory and services will be open to all transmission owners. Qualifying events can include physical attacks, cyberattacks, electromagnetic pulses, catastrophic events, solar storms, earthquakes and severe weather events.
"Due to the benefits of inventory pooling, diversification and improved logistics, Grid Assurance™ is a more cost-effective, efficient way for transmission owners to prepare for high-impact, low-frequency events that could severely damage the transmission system, and there has been considerable interest from potential subscribers. It would be significantly more expensive for every transmission owning entity to independently procure and securely house the spare equipment necessary for recovery from rare, but potentially catastrophic events like earthquakes or a coordinated physical or cyberattack," Deggendorf said.
Grid Assurance™ services are intended to complement existing sparing programs at individual energy companies and established industry solutions. Federal agencies and policymakers have identified enhancing transmission system resiliency as a priority and critical to ensuring the viability of the nation's electric system. Grid Assurance™ is working with industry experts and government agencies to ensure that Grid Assurance™ is aligned with the federal government's efforts to secure the transmission grid. Subscription to Grid Assurance™ will serve as a permissible element of compliance with the resiliency requirements of the North American Electric Reliability Corporation.
About Grid Assurance™:
Affiliates of American Electric Power (NYSE:AEP), Berkshire Hathaway Energy, Duke Energy (NYSE:DUK), Edison International (NYSE:EIX), Eversource Energy (NYSE:ES) and Great Plains Energy (NYSE:GXP) are founding member companies of Grid Assurance™ , a limited liability company that offers cost-effective solutions for enhancing transmission system grid resiliency and faster access to critical transmission equipment following a catastrophic event. Additional information is available at GridAssurance.com.
SOURCE American Electric Power

Article Date
5/9/2016
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3/31/2016 - Federal Energy Regulatory Commission Issues Positive Order on Grid Assurance(TM) Filing
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Federal Energy Regulatory Commission Issues Positive Order on Grid Assurance(TM) Filing
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
COLUMBUS, Ohio, March 31, 2016 /PRNewswire/ -- The Federal Energy Regulatory Commission (FERC) issued a positive order March 25 to Grid Assurance™ that provides regulatory clarity supporting transmission-owning entities participating in and subscribing to Grid Assurance™ as a way to strengthen transmission grid resiliency. Grid Assurance™ had requested determinations on several issues from FERC in December 2015.
Eight electric utilities and energy companies announced Grid Assurance™ on June 10, 2015 as a limited liability company that expects to offer subscribers cost-effective solutions for enhancing transmission grid resiliency and protecting customers from prolonged transmission outages. FERC initially recognized the benefits of Grid Assurance™ in an Aug. 7, 2015 order. The Grid Assurance™ consortium subsequently developed a Subscription Agreement and has received clarity from FERC in a declaratory order that enables broader transmission owner participation.
In the March 25 order, the FERC confirmed:
• the prudence of subscriber decisions to contract with Grid Assurance™ for sparing service and the prudence of purchasing spare equipment from Grid Assurance™ following a qualifying event;
• the availability of single-issue ratemaking to recover costs of purchasing sparing service and spare equipment from Grid Assurance™; and
• that affiliate rules are waived for Grid Assurance™, subject to certain conditions including submission of an annual information report from Grid Assurance™ that contains audited financial statements, information about the sparing service fee formula and information about sparing sales including cost and sale price. The annual information reporting requirement will begin a year from the start of sparing operations.
Grid Assurance™ continues to evaluate the order and will seek additional clarification from FERC, if necessary. Grid Assurance™ expects to begin marketing this service to transmission owners in the second quarter with subscriber acceptance, warehouse specification and inventory identification occurring over the next 18 months. Grid Assurance™ plans to own and maintain critical, long lead-time equipment at secure, strategically located warehouses and offer logistics support to facilitate the expedited movement of equipment to the affected sites following qualifying events. Qualifying events can include physical attacks, cyberattacks, electromagnetic pulses, catastrophic events, solar storms, earthquakes and severe weather events. Grid Assurance™ services are intended to complement transmission owners' existing programs as well as established industry initiatives.
About Grid Assurance™:
Affiliates of American Electric Power (NYSE:AEP), Berkshire Hathaway Energy, Duke Energy (NYSE:DUK), Edison International (NYSE:EIX), Eversource Energy (NYSE:ES), Exelon (NYSE:EXC), Great Plains Energy (NYSE:GXP), and Southern Company (NYSE:SO) are pursuing development of Grid Assurance™, a limited liability company, to offer subscribers cost-effective solutions for enhancing transmission grid resiliency. Recovery of the transmission grid can be hampered by long lead times required to build and deliver critical replacement equipment including large transformers, circuit breakers and other specialized electrical equipment. Grid Assurance™ will give subscribers economical access to critical equipment faster than traditionally possible.
Additional information available at www.GridAssurance.com
SOURCE American Electric Power

Article Date
3/31/2016
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