July 23, 2014 10:13 AM ET

Multi-Utilities

Company Overview of Louisville Gas and Electric Company

Company Overview

Louisville Gas and Electric Company, a regulated utility, is engaged in the generation, transmission, distribution, and sale of electricity in Kentucky. The company generates electricity through coal, oil and gas, and hydro sources. It is also involved in the distribution and sale of natural gas in Kentucky. The company serves 321,000 natural gas and 397,000 electric customers in Louisville and 16 surrounding counties. As of December 31, 2012, it owned 3,354 MW of electric power generation capacity. The company was founded in 1913 and is headquartered in Louisville, Kentucky. Louisville Gas and Electric Company is a subsidiary of LG&E and KU Energy LLC.

220 West Main Street

Louisville, KY 40202

United States

Founded in 1913

999 Employees

Phone:

502-627-2000

Key Executives for Louisville Gas and Electric Company

Chairman
Age: 58
Chief Financial Officer and Principal Accounting Officer
Chief Operating Officer and Director
Age: 56
Senior Vice President of Information Technology
Age: 59
Vice President of Communications
Compensation as of Fiscal Year 2014.

Louisville Gas and Electric Company Key Developments

Louisville Gas and Electric Company Unveils CNG Operations Truck at Magnolia Compressor Station in Kentucky

Louisville Gas and Electric Company has unveiled its new operations truck fueled by compressed natural gas, or CNG, at Magnolia Natural Gas Compressor Station in Kentucky, US.

Louisville Gas and Electric Company and Kentucky Utilities Company to Build Combined-Cycle Generating Unit at KU

On October 3, 2013, Louisville Gas and Electric Company and Kentucky Utilities Company announced that they plan to build an approximately 700 megawatt natural gas combined-cycle generating unit at KU's Green River generating site in western Kentucky. Subject to regulatory applications, permitting and construction schedules, the facility is planned to be operational in 2018. The project's anticipated cost is approximately $700 million. The companies also announced plans for a potential 10 MW solar generation facility to be operational in 2016 costing approximately $25 million.

Louisville Gas and Electric Company with Kentucky Utilities Companies Announce Plans to Build Second Natural Gas Combined-Cycle Generating Station and Solar Generation Facility

Louisville Gas and Electric Company and Kentucky Utilities companies announced that they plan to file for a certificate of public convenience and necessity with the Kentucky Public Service Commission for permission to construct a second natural gas combined-cycle generating station (NGCC) and a solar generating facility. The NGCC plant, to be located in Muhlenberg County, is expected to create about 40 permanent full-time jobs and several hundred construction jobs in western Kentucky. LG&E and KU plan to file the certificate of public convenience and necessity for the new NGCC plant and solar facility with the KPSC before the end of the year. The utilities intend to have the NGCC plant online in 2018 and the solar facility online in 2016. If approved, LG&E and KU's generation capacity will be 59% coal-fired, 40% natural gas-fired and 1% renewable.

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