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The company said that on February 28, 2025, LG&E and KU filed a joint application with the Kentucky Public Service Commission (KPSC) seeking approval of certificates of convenience and necessity and other matters related to new generation.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said that on February 28, 2025, LG&E and KU filed a joint application with the Kentucky Public Service Commission (KPSC) seeking approval of certificates of convenience and necessity and other matters related to new generation.

  2. The company said the application includes the E.W. Brown 645MW NGCC, the Mill Creek 645MW NGCC, the Cane Run 400MW BESS (1,600 MWh) and the Ghent SCR facility, with combined projected capital expenditures for 2025 to 2031 of about $3.725 billion.

  3. Projected in-service dates are 2030 for the E.W. Brown NGCC, 2031 for the Mill Creek NGCC, and 2028 for the Cane Run BESS and the Ghent SCR. The company said it expects the BESS to be jointly owned by LG&E at 32% and KU at 68%.

  4. The company said economic development, including data centers, has created potential generation demand of up to 8,000 megawatts. It said it expects a KPSC ruling in Q4 2025 under Case No. 2025-00045, but the outcome cannot be predicted.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

LG&E and KU Seek KPSC Approval for New Generation on February 28, 2025

The company said that on February 28, 2025, LG&E and KU filed a joint application with the Kentucky Public Service Commission (KPSC) seeking approval of certificates of convenience and necessity and other matters related to new generation.

Source · Based on the filing body and exhibits

4 New Generation Projects and About $3.725 billion in Planned Investment

The company said the application includes the E.W. Brown 645MW NGCC, the Mill Creek 645MW NGCC, the Cane Run 400MW BESS (1,600 MWh) and the Ghent SCR facility, with combined projected capital expenditures for 2025 to 2031 of about $3.725 billion.

Source · Based on the filing body and exhibits

In-Service Timing and Ownership Structure by Project

Projected in-service dates are 2030 for the E.W. Brown NGCC, 2031 for the Mill Creek NGCC, and 2028 for the Cane Run BESS and the Ghent SCR. The company said it expects the BESS to be jointly owned by LG&E at 32% and KU at 68%.

Source · Based on the filing body and exhibits

Reasons Cited for the Application and Timing of KPSC Ruling

The company said economic development, including data centers, has created potential generation demand of up to 8,000 megawatts. It said it expects a KPSC ruling in Q4 2025 under Case No. 2025-00045, but the outcome cannot be predicted.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.