Press release
CORRECTING and REPLACING Evergy Announces ‘Sustainability Transformation Plan’
New Five-Year Strategic Plan Delivers Increased Value Creation for Evergy Shareholders and Benefits to Evergy Customers, Employees and Communities
About this update from Evergy, Inc.
[{"type":"text","content":"\nNew Five-Year Strategic Plan Delivers Increased Value Creation for Evergy Shareholders and Benefits to Evergy Customers, Employees and Communities \n\n\nTransitions Evergy to Top-Quartile Electric Utility with 6% to 8% EPS CAGR through 2024, Translating into EPS of $3.87 to $4.25 in 2024\n\n\nRate Base Growth of 5% to 6% from 2019 to 2024 with No New Equity Required\n\n\nAccelerates Expansion of Evergy’s Renewables Footprint, Enabling Faster Transition to Cleaner Energy\n\n KANSAS CITY, Mo.--(BUSINESS WIRE)--\nIn the paragraph under the \"Information Sharing Agreement\" section of the release, last sentence should read: Additionally, and consistent with the Strategic Review & Operations Committee’s charter, Elliott may consult with this committee during its review and evaluation of the optimal management team to execute on the Sustainability Transformation Plan. Evergy plans to make an announcement relating to a change, if any, in senior management within 90 days. (Instead of Consistent with the Strategic Review & Operations Committee’s charter, as previously announced, Elliott may consult with the Committee during its review and evaluation of the optimal management team to execute on the Sustainability Transformation Plan. While no management changes are currently contemplated, if any are determined, Evergy expects it would announce such changes within 90 days.)\n\n\nThe corrected release reads:\n\n\nEVERGY ANNOUNCES ‘SUSTAINABILITY TRANSFORMATION PLAN’\n\n\nNew Five-Year Strategic Plan Delivers Increased Value Creation for Evergy Shareholders and Benefits to Evergy Customers, Employees and Communities \n\n\nTransitions Evergy to Top-Quartile Electric Utility with 6% to 8% EPS CAGR through 2024, Translating into EPS of $3.87 to $4.25 in 2024\n\n\nRate Base Growth of 5% to 6% from 2019 to 2024 with No New Equity Required\n\n\nAccelerates Expansion of Evergy’s Renewables Footprint, Enabling Faster Transition to Cleaner Energy\n\n\nEvergy, Inc. (NYSE: EVRG) today announced its new ‘Sustainability Transformation Plan’ (STP) to drive increased value and benefits for all of the Company’s stakeholders, including Evergy’s shareholders, customers, employees and the communities it serves. The Sustainability Transformation Plan was unanimously approved by Evergy’s Board of Directors and follows a comprehensive, independent review that b...