Evergy, a Missouri corporation incorporated in 2001 and headquartered in Kansas City, Missouri, is the holding company for two vertically integrated electric utilties - Kansas City Power & Light and KCP&L Greater Missouri Operations Company. The utilities operate under the brand name KCP&L. The company serves over 800,000 customers in 47 counties in Missouri and Kansas with a combined diverse generation platform of more than 6,000 MW of capacity.
On May 24, 2018, Great Plains Energy Incorporated (NYSE: GXP), which serves customers as KCP&L, and Westar Energy, Inc., (NYSE: WR) received final regulatory approval from the Kansas Corporation Commission (KCC) and Missouri Public Service Commission (MPSC) to combine. The stock-for-stock merger of equals created a holding company of approximately $15 billion equity value, which will be named Evergy, Inc. (NYSE: EVRG). Its principal business will be conducted by the operating companies known today as Westar and KCP&L.