State Tipoffs Involving Kentucky Newsletter for Friday March 21, 2025 ( 3 items ) |
Kentucky PSC Approves East Kentucky Power's Debt Application Despite Minor Filing Deviation
FRANKFORT, Kentucky, March 21 -- The Kentucky Public Service Commission (PSC) has approved East Kentucky Power Cooperative, Inc.'s (EKPC) application to issue up to $450 million in secured or unsecured debt obligations, despite a minor deviation from filing requirements.
EKPC initially filed its application on February 25, 2025, seeking authority to issue up to $500 million in debt. However, after a deficiency notice from the PSC, the company amended its request to $450 million and resubmitted
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Kentucky PSC Demands Detailed Information From East Kentucky Power on Proposed Generation Facility
FRANKFORT, Kentucky, March 21 -- The Kentucky Public Service Commission (PSC) has issued a post-hearing request for information (RFI) to East Kentucky Power Cooperative, Inc. (EKPC), demanding extensive details regarding its application for a new generation resource. The RFI, issued in Case No. 2024-00310, seeks crucial data to evaluate EKPC's proposal for a Certificate of Public Convenience and Necessity, a Site Compatibility Certificate, and other general relief.
The PSC has mandated that EKP
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Kentucky PSC Orders Kentucky Power to Pay Consultant Fees, Terminates Contract
FRANKFORT, Kentucky, March 21 -- The Kentucky Public Service Commission (PSC) has ordered Kentucky Power Company to pay $349,482.81 for consulting services provided by Saber Partners, LLC, and has simultaneously terminated Saber's contract.
The order, issued in Case No. 2023-00159, pertains to Kentucky Power's application for a securitization financing order. Under Kentucky Revised Statutes (KRS) 278.674(3)(a), the company is responsible for the costs associated with retaining counsel or financ
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