- Wind farm will expand Evergy’s portfolio of
owned renewable energy.
- Renewable energy will serve Evergy customers
in Missouri.
Evergy and a partnership between Scout Clean Energy and Elawan
Energy announced today that Evergy will purchase the 199-megawatt
Persimmon Creek Wind Farm in western Oklahoma for a purchase price
of about $250 million. The renewable energy from this wind farm
will serve customers in the Evergy Missouri West service area.
“Evergy continues to tap into the Midwest’s affordable renewable
energy resources to serve our customers,” said David Campbell,
Evergy president and CEO. “Expanding our portfolio of renewable
generation positions us to ensure customers receive the long-term
benefits of these assets.”
Over the next 10 years, Evergy plans to add more than 3,500 MW
of renewable energy and retire more than 1,900 MW of coal-based
fossil generation. Evergy has set a goal of 70 percent carbon
reduction by 2030 (relative to 2005 levels) and a target to reach
net-zero carbon emissions by 2045. The company expects a
combination of supportive energy policies and evolving technology
to enable the net-zero goal.
“Evergy’s commitment to affordable, reliable, and sustainable
electricity drives our planning, and Persimmon Creek Wind Farm
supports those three tenants,” Campbell said. “This addition is
part of our responsible transition to cleaner energy that includes
maintaining a balanced mix of generation sources to ensure we
reliably deliver the power our customers need.”
Persimmon Creek Wind Farm achieved commercial operation in 2018
with 80 General Electric turbines across 17,000 acres in Dewey,
Ellis and Woodward counties in Oklahoma.
The acquisition of Persimmon Creek Wind Farm, which is expected
to close by early 2023, remains subject to closing conditions,
including regulatory approvals. Evergy’s legal advisor on the
transaction was Morgan, Lewis & Bockius LLP and Scout and
Elawan’s legal advisor was McDermott Will & Emery LLP.
About Evergy
Evergy, Inc. (NYSE: EVRG), serves 1.6 million customers in
Kansas and Missouri. Evergy’s mission is to empower a better
future. Our focus remains on producing, transmitting and delivering
reliable, affordable, and sustainable energy for the benefit of our
stakeholders. Today, about half of Evergy’s power comes from
carbon-free sources, creating more reliable energy with less impact
to the environment. We value innovation and adaptability to give
our customers better ways to manage their energy use, to create a
safe, diverse and inclusive workplace for our employees, and to add
value for our investors. Headquartered in Kansas City, our
employees are active members of the communities we serve.
About Scout Clean Energy
Scout Clean Energy is a renewable energy developer,
owner-operator headquartered in Boulder, Colorado with over 1,200
MW of operating assets. Scout is actively developing a portfolio of
over 15,000 MW of onshore wind, solar PV, and battery storage
projects across 24 US states. Scout has expertise in all aspects of
renewables project development, permitting, power marketing,
finance, construction, 24/7 operations, and asset management. Scout
is a portfolio company of Quinbrook Infrastructure Partners. For
more information, please visit www.scoutcleanenergy.com.
About Elawan Energy
Elawan Energy is a global operator in the renewable energy
industry with over 1.1 GW of wind, solar, and hydropower projects
in operation and over 11 GW of renewable energy under development.
Elawan offers integrated solutions along the green energy life
circle, from the promotion, development and construction of wind
farms, photovoltaic plants and hydropower plants until their
operation, maintenance and sale of the green energy produced.
Elawan Energy is part of the ORIX Group.
Forward-Looking
Statements
Statements made in this document that are not based on
historical facts are forward-looking, may involve risks and
uncertainties, and are intended to be as of the date when made.
Forward-looking statements include, but are not limited to,
statements relating to Evergy's strategic plan, including, without
limitation, those related to earnings per share, dividend,
operating and maintenance expense and capital investment goals; the
outcome of legislative efforts and regulatory and legal
proceedings; future energy demand; future power prices; plans with
respect to existing and potential future generation resources; the
availability and cost of generation resources and energy storage;
target emissions reductions; and other matters relating to expected
financial performance or affecting future operations.
Forward-looking statements are often accompanied by forward-looking
words such as “anticipates,” “believes,” “expects,” “estimates,”
“forecasts,” “should,” “could,” “may,” “seeks,” “intends,”
“proposed,” “projects,” “planned,” “target,” “outlook,” “remain
confident,” “goal,” “will” or other words of similar meaning.
Forward-looking statements involve risks, uncertainties and other
factors that could cause actual results to differ materially from
the forward-looking information.
In connection with the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, Evergy, Inc., Evergy
Kansas Central, Inc. and Evergy Metro, Inc. (collectively, the
Evergy Companies) are providing a number of risks, uncertainties
and other factors that could cause actual results to differ from
the forward-looking information. These risks, uncertainties and
other factors include, but are not limited to: the expected
benefits of the acquisition may not materialize in the timeframe
expected or at all, or may be more costly to achieve; the closing
of the acquisition may not timely be completed, if at all; the
occurrence of any event, change or other circumstances that could
give rise to the right of one or both parties to terminate the
definitive transaction agreement; the parties may not be able to
successfully implement integration strategies; required regulatory
or other approvals may not be obtained or other closing conditions
may not be satisfied in a timely manner or at all; adverse
regulatory conditions may be imposed in connection with regulatory
approvals of the acquisition; the acquisition may not achieve all
or some anticipated benefits with respect to the Company’s climate
strategy including greenhouse gas reductions or reductions in
carbon emission goals; economic and weather conditions and any
impact on sales, prices and costs; changes in business strategy or
operations; the impact of federal, state and local political,
legislative, judicial and regulatory actions or developments,
including deregulation, re-regulation, securitization and
restructuring of the electric utility industry; decisions of
regulators regarding, among other things, customer rates and the
prudency of operational decisions such as capital expenditures and
asset retirements; changes in applicable laws, regulations, rules,
principles or practices, or the interpretations thereof, governing
tax, accounting and environmental matters, including air and water
quality and waste management and disposal; the impact of climate
change, including increased frequency and severity of significant
weather events and the extent to which counterparties are willing
to do business with, finance the operations of or purchase energy
from the Evergy Companies due to the fact that the Evergy Companies
operate coal-fired generation; prices and availability of
electricity in wholesale markets; market perception of the energy
industry and the Evergy Companies; the impact of the Coronavirus
(COVID-19) pandemic on, among other things, sales, results of
operations, financial condition, liquidity and cash flows, and also
on operational issues, such as supply chain issues and the
availability and ability of the Evergy Companies’ employees and
suppliers to perform the functions that are necessary to operate
the Evergy Companies; changes in the energy trading markets in
which the Evergy Companies participate, including retroactive
repricing of transactions by regional transmission organizations
(RTO) and independent system operators; financial market conditions
and performance, including changes in interest rates and credit
spreads and in availability and cost of capital and the effects on
derivatives and hedges, nuclear decommissioning trust and pension
plan assets and costs; impairments of long-lived assets or
goodwill; credit ratings; inflation rates; the transition to a
replacement for the London Interbank Offered Rate (LIBOR) benchmark
interest rate; effectiveness of risk management policies and
procedures and the ability of counterparties to satisfy their
contractual commitments; impact of physical and cybersecurity
breaches, criminal activity, terrorist attacks, acts of war and
other disruptions to the Evergy Companies’ facilities or
information technology infrastructure or the facilities and
infrastructure of third-party service providers on which the Evergy
Companies rely; ability to carry out marketing and sales plans;
cost, availability, quality and timely provision of equipment,
supplies, labor and fuel; ability to achieve generation goals and
the occurrence and duration of planned and unplanned generation
outages; delays and cost increases of generation, transmission,
distribution or other projects; the Evergy Companies’ ability to
manage their transmission and distribution development plans and
transmission joint ventures; the inherent risks associated with the
ownership and operation of a nuclear facility, including
environmental, health, safety, regulatory and financial risks;
workforce risks, including those related to the Evergy Companies’
ability to attract and retain qualified personnel, maintain
satisfactory relationships with their labor unions and manage costs
of, or changes in, retirement, health care and other benefits;
disruption, costs and uncertainties caused by or related to the
actions of individuals or entities, such as activist shareholders
or special interest groups, that seek to influence Evergy’s
strategic plan, financial results or operations; the possibility
that strategic initiatives, including mergers, acquisitions and
divestitures, and long-term financial plans, may not create the
value that they are expected to achieve in a timely manner or at
all; difficulties in maintaining relationships with customers,
employees, regulators or suppliers; and other risks and
uncertainties.
This list of factors is not all-inclusive because it is not
possible to predict all factors. You should also carefully consider
the information contained in our other filings with the Securities
and Exchange Commission (SEC). Additional risks and uncertainties
are discussed in the Annual Report on Form 10-K for the year ended
December 31, 2021 filed by the Evergy Companies with the SEC, and
from time to time in current reports on Form 8-K and quarterly
reports on Form 10-Q filed by the Evergy Companies with the SEC.
Each forward-looking statement speaks only as of the date of the
particular statement. The Evergy Companies undertake no obligation
to publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise, except
as required by law
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220809005179/en/
Media Contact: Gina Penzig Manager, External
Communications Phone: 785-508-2410 Gina.Penzig@evergy.com Media
line: 888-613-0003
Investor Contact: Cody VandeVelde Director, Investor
Relations Phone: 785-575-8227 Cody.VandeVelde@evergy.com
Evergy (NYSE:EVRG)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Evergy (NYSE:EVRG)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024