Great Plains Energy completes acquisition of Aquila, significant savings in store soon

Great Plains Energy (NYSE: GXP) announced the completion of its acquisition of Aquila, Inc. (NYSE: ILA). Beginning July 14, 2008, Aquila’s Missouri electric utility business will operate under the brand name of Great Plains Energy’s subsidiary, KCP&L.
“Today is an important day for our region,” announced Michael Chesser, Chairman and Chief Executive Officer of Great Plains Energy. “Our acquisition of Aquila will create significant savings for both Aquila and KCP&L customers. In today’s rising-cost environment, this transaction is just one part of our plan to maintain. . .
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