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February 13, 2016 1:10 PM ET

Multi-Utilities

Company Overview of Louisville Gas and Electric Company

Company Overview

Louisville Gas and Electric Company, a regulated utility, engages in the generation, transmission, distribution, and sale of electricity in Kentucky. The company generates electricity through coal, oil and gas, and hydro sources. It also distributes and sells natural gas in Kentucky. The company serves 321,000 natural gas and 400,000 electric customers in Louisville and adjacent areas in Kentucky. As of December 31, 2014, it owned 3,342 MW of electric power generation capacity. The company was founded in 1913 and is headquartered in Louisville, Kentucky. Louisville Gas and Electric Company operates as a subsidiary of LG&E and KU Energy LLC.

220 West Main Street

Louisville, KY 40202

United States

Founded in 1913

1,029 Employees

Phone:

502-627-2000

Key Executives for Louisville Gas and Electric Company

Chairman, Chief Executive Officer and President
Age: 59
Chief Financial Officer and Principal Accounting Officer
Chief Operating Officer and Director
Age: 57
Senior Vice President of Information Technology
Age: 60
Vice President of Communications
Compensation as of Fiscal Year 2015.

Louisville Gas and Electric Company Key Developments

Louisville Gas and Electric Company and Kentucky Utilities Company Announce Management Changes

Louisville Gas and Electric Company and Kentucky Utilities Company announced that Ed Staton, vice president of State Regulation and Rates, and Greg Thomas, vice president of Electric Distribution, will retire in February and March 2016, respectively. Robert Conroy, director of Rates, will be promoted to Staton's role and John Wolfe, director of Electric System Restoration and Dispatch, will be promoted to vice president of Electric Distribution. Effective Feb. 1, 2016 Conroy will take over responsibility for development and implementation of the state regulatory strategy of the company, which includes maintaining compliance with applicable statutes and regulations at the state and local levels and managing the company's rates and regulatory function. Conroy joined LG&E in 1987 as an electrical engineer in Distribution Planning and moved to Generation Planning in 1991. He held various system planning analyst positions in generation until 2000 when he was promoted to group leader, Generation Planning. He was promoted again in 2001 to manager of Generation Planning and became manager of Rates in March 2004. He was promoted to his current position in February 2008. Effective March 1, 2016 Wolfe will become responsible for all Electric Distribution operations for Louisville Gas and Electric, Kentucky Utilities and Old Dominion Power. This includes Substation Operations and Maintenance, Electric Reliability, Forestry, Engineering Planning and Transportation. Wolfe was hired in 1991 as a mechanical engineer within Gas Operations. He advanced through various management-level positions in Gas Distribution Operations and Electric Distribution Operations -- including group leader of Gas Engineering and Planning; manager of Gas Service Center; manager of Operations Center; director of Distribution Operations -- before moving into his current role in 2013.

Sixth Circuit Rules in Favor of Residents against Louisville Gas and Electric Company

The 6th U.S. Circuit Court of Appeals ruled in favor of thousands of Kentucky residents and upheld a trial court’s decision denying Louisville Gas and Electric Company’s motion to dismiss the suit. Representative plaintiffs had filed a class-action lawsuit against LGE for continually allowing coal dust and ash from a coal-fired power plant to escape its site and to settle on neighboring properties and homes. According to the complaint filed in the U.S. District Court for the Western District of Kentucky, LGE’s Cane Run power plant is fueled by the burning of coal, which produces ash byproducts that contain toxic materials, including arsenic, chromium and lead. This ash has been coating the neighboring homes for years. Residents’ repeated complaints to the local Air Pollution Control District had proven ineffective as LGE continued to release its dangerous ash on its neighbors. The Cane Run power plant is located just east of the Ohio River, near several Kentucky neighborhoods that are home to thousands of residents, and its byproducts include known carcinogens and pose significant health hazards to area residents, according to the suit. The lawsuit further alleges that, despite receiving several Notices of Violation from the Louisville Air Pollution Control District, the Cane Run power plant continues to spew coal dust, ash and other pollutants onto neighboring residences. The lawsuit was brought on behalf of area homeowners, and seeks monetary and statutory damages, as well as injunctive relief that orders LGE to cease activities that allow coal combustion byproducts to escape from the Cane Run power plant.

Federal Judge Allows Water Pollution Lawsuit Against Louisville Gas and Electric Co. to Continue

A federal judge in Kentucky is allowing a court case around wastewater discharge at a coal plant owned by Louisville Gas and Electric Co. to continue. As questions linger regarding whether wastewater discharge at Louisville Gas and Electric Co.'s 1,484-MW Mill Creek coal plant is permitted, a federal judge in Kentucky has allowed a lawsuit against the company to continue. U.S. District Court Judge David Hale, in an order issued Aug. 31, denied cross-motions for summary judgment filed by the Sierra Club and LG&E in the dispute over the discharge of treated wastewater from the ash pond at the Mill Creek Generating Station in Jefferson County, Ky., into the Ohio River. The Sierra Club and Earth justice filed a lawsuit in May 2014 in U.S. District Court for the Western District of Kentucky asking a federal judge to order the PPL Corp. utility to stop discharging the coal ash wastewater.

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