Airborne Strategic Partners
LG&E Energy
Corp.
LG&E Energy Corp.,
a subsidiary of Powergen plc, is a
diversified energy services company
with businesses in power generation
and project development; retail gas
and electric utility services; and
asset-based energy marketing.
One of the U.S.'s
lowest-cost energy providers and an
industry innovator, we operate in
domestic and international markets
from our U.S. headquarters in Louisville,
Kentucky.
Our mission is to
provide exceptional value to our customers
and shareholders as we move toward
the era of competition in the energy
industry.
Key Strengths
• excellence
in customer service
• a growing portfolio of more
than 9,000 MW of low cost generation
capacity
• strong asset-based trading
capabilities
• solid experience in power project
development and operations
U.S. Operations
Two utility businesses
that are regulated in Kentucky by
the Kentucky Public Services Commission,
and a number of unregulated businesses.
Regulated businesses
- Louisville Gas
and Electric Company, an electricity
and gas utility based in Louisville,
Kentucky, serving customers in Louisville
and sixteen surrounding counties
- Kentucky Utilities
Company, an electricity utility,
based in Lexington, Kentucky, serving
77 Kentucky counties and five counties
in Virginia.
They have a joint
generation capacity of 7,300 MW and
serve 840,000 electricity customers
and 290,000 natural gas customers
over a transmission and distribution
network covering some 27,000 square
miles (70,000 square km). They provide
some of the lowest-cost energy in
the U.S. to industrial, commercial
and residential customers, and are
being brought together through our
‘One Utility’ initiative.
Unregulated businesses
- 50 percent
stakes in an operational plant in
Texas and one under construction
in Georgia (total of 1,000 MW)
- stakes in
three Argentinean gas distribution
companies
- Western
Kentucky Energy which operates and
leases four coal-fired plants owned
by Big Rivers Electric Corporation
in Western Kentucky. Combined they
generate 1,700 MW of electricity
- LG&E
Operating Services which operates
independent wind, coal-fired, and
steam generation in six states
- Enertech
which provides energy efficient
building services
- CRC-Evans,
an international company that provides
equipment and services used in the
construction and rehabilitation
of gas and oil pipelines
- a wind turbine
in Tarifa, Spain
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