Great Plains Energy Inc
Great Plains Energy Will Expand into Kansas with Westar Energy
There was another merger in the utility space on May 31. Great Plains Energy agreed to buy Westar Energy. The total transaction is valued at $12.2 billion.
How Has Westar Energy Performed in a Competitive Market?
The price-to-book value ratios of Westar, Xcel, Ameren, Great Plains, and Alliant are 1.5x, 1.8x, 1.6x, 1.2x, and 1.9x, respectively.