YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Empire will own 12 percent, representing about 100 megawatts, of the proposed 850-megawatt plant, scheduled for completion in 2010. The utility will pay $168 million for its share.
Fellow co-owners include Kansas City Power & Light, with 54.71 percent; Aquila Inc., with 18 percent; Missouri Joint Municipal Electric Utility Commission, with 11.76 percent; and Kansas Electric Power Cooperative, with 3.53 percent.
Kansas City Power & Light will manage the construction and operations of the Iatan 2.
“We are undertaking a large building program consisting of Iatan 2 and the Plum Point Energy Station in Arkansas,” said Brad Beecher, vice president and chief operating officer of electric at Empire, in a news release. “This building program has become necessary to meet the ever-increasing needs of our growing customer base.”
The investor-owned utility serves approximately 162,000 customers in southwest Missouri, southwest Kansas, northeast Oklahoma and northwest Arkansas.[[In-content Ad]]
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